The Implementation of IMF Programs: A Conceptual Framework

Graham Bird

No 1506, School of Economics Discussion Papers from School of Economics, University of Surrey

Abstract: IMF supported programs have conventionally been assessed by examining their effects on intermediate variables and final outcomes. More recently greater attention has been paid to implementation on the assumption that in order to work programs need to be implemented. Empirical studies have begun to include political economy variables in an attempt to explain implementation. They have used the concept of ‘ownership’ to provide a theoretical foundation. This paper provides an alternative conceptual framework based on the marginal benefits and costs of implementation. It goes on to discuss policies that might be expected to improve implementation based on this framework.

Keywords: IMF (search for similar items in EconPapers)
JEL-codes: F32 F33 (search for similar items in EconPapers)
Pages: 45 pages
Date: 2006
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Citations: View citations in EconPapers (3)

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Journal Article: The implementation of IMF programs: A conceptual framework (2008)
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Persistent link: https://EconPapers.repec.org/RePEc:sur:surrec:1506

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