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International Monetary Fund: Few Changes Evident in Design of New Lending Program for Poor Countries
International Monetary Fund: Few Changes Evident in Design of New Lending Program for Poor Countries
 
Our Price: $25.00
Year: 2001
Pages: 72
Binding Paperback

Product Code: 0756715415

Description
 
Thomas Melito. The effectiveness & appropriateness of the International Monetary Fundís (IMF) lending programs to poor countries have been widely debated. This report (1) analyzes how the IMFís new Poverty Reduction & Growth Facility is designed to be different from the Fundís Enhanced Structural Adjustment Facility, (2) assesses what has actually changed in recipient countriesí programs, & (3) evaluates whether the changes implemented in the new program increase the likelihood of recipient countries graduating from (that is, no longer being eligible for) concessional borrowing in less than 15 years or have contributed to a more short-term lending focus for the Fund. Charts & tables.

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