Work

Fiscal Adjustment in IMF-Supported Programs

Year: 2003

Type: book

Abstract: Using a cross-country sample of 169 IMF-supported programs and detailed studies of 15 programs, this evaluation report examines various aspects of fiscal adjustment in IMF-supported programs. It presents evidence that does not support some critics’ view that IMF-supported programs typically adopt a one-size-fits-all approach to fiscal adjustment, nor the perception that programs always involve austerity by targeting reductions in public spending. The report also proposes a number of recommendations for IMF surveillance and program design in the future.

Source: International Monetary Fund eBooks

DOI: 10.5089/9781589062740.017

Author: International Monetary Fund. Independent Evaluation Office

Language: English

Topic: International Development and Aid

Subfield: Development

Field: Social Sciences

Domain: Social Sciences

SDG: Partnerships for the goals

Open Access status: bronze

Funders: Wellesley College, Princeton University, University of Cambridge, University of Oxford

OpenAlex ID: W4236933434