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Fiscal Adjustment in IMF-Supported Programs

  • Erscheinungsdatum: 17.11.2003
  • Verlag: International Monetary Fund
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Fiscal Adjustment in IMF-Supported Programs

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.


    Format: ePUB
    Kopierschutz: AdobeDRM
    Erscheinungsdatum: 17.11.2003
    Sprache: Englisch
    ISBN: 9781452758428
    Verlag: International Monetary Fund
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