The relation between IMF conditionality and country ownership of assistance programs is considered from a political … conditionality and ownership. The Paper stresses a conflict between a reformist government and domestic interest groups that oppose … economy perspective, focusing on the question of why conditionality is needed if it is in a country’s best interests to …

This paper aims to assess the economic impact of the IMF’s support through its facilities for low-income countries. It … relies on two complementary econometric analyses: the first investigates the longer-term impact of IMF engagement … role of IMF shock-related financing—through augmentations of Extended Credit Facility arrangements and short-term and …

Bailouts sponsored by the International Monetary Fund (IMF) are famous for their conditionality: in return for … finding a measure of political importance that is not plagued by endogeneity and obtaining data on IMF conditionality. We … available dataset on the level of conditionality attached to (a maximum of) 314 IMF arrangements with 101 countries over the …

-party mediation, lastly policy enforcement, also called conditionality. Whereas these functions where integrated within the Fund … in the SDRM proposal put forward by the IMF in 2001; and the reliance upon national courts, specifically those in which …-party mediation makes the IMF considerably much weaker, as it remains with only two functions and no consistent rules of interaction …

International Monetary Fund (IMF), analyzing panel data on the level of conditionality attached to (a maximum of) 314 IMF … about 30 percent fewer conditions attached to the loans that they receive from the IMF. We conclude that conditionality is … softer for these countries because the major shareholders of the IMF desire influence over the Security Council. …

countries and the intervention of the International Monetary Fund (IMF). It focuses on the impact of IMF conditionality on the …’s decision to turn to the IMF for assistance and the opposition capacity of interest groups. This link is tested through the … estimation of a duration model, where the periods without agreement between the IMF and countries constitute the dependent …

of the coinsurance arrangement is examined under different loan contracts offered by the IMF. The analysis suggests that …, if the IMF’s objective is to safeguard its resources and be concerned about the welfare of the borrower, an ex ante loan …

IMF lending has risen sharply in the wake of the global financial crisis from the lows in the mid 2000s. Despite … increasing recently, the number of new IMF financing arrangements has been relatively small, but the average size of these … the geographical distribution of outstanding IMF loans. The terms on which lending has been made available have also …

This paper presents a principal-agent model of IMF conditional lending, in the aftermath of a capital-account liquidity … crisis. We show that traditional ex-post conditionality can be effective in safeguarding the Funds resources, allowing for … Architecture. We show that debtor moral hazard is only a concern if the IMF cannot commit to make the post-crisis participation …