Theoretical Aspects of the Design of Fund-Supported Adjustment Programs

International Monetary Fund

No 1987/007, IMF Occasional Papers from International Monetary Fund

Abstract: This paper was originally prepared for a seminar of the Executive Board of the Fund. In the seminar, Executive Directors expressed a broad range of views with regard to both the adequacy of the Fund's approach to financial programming and the validity of the analysis presented in this paper.

Keywords: OP; Fund; policy variable; balance of payments outcome; adjustment program; fund staff; policy target; Exchange rate adjustments; Demand for money; Domestic credit; Monetary expansion; Global (search for similar items in EconPapers)
Pages: 56
Date: 1987-09-15
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Citations: View citations in EconPapers (38)

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