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IMF Conditionality and Economic Development

Graham Bird

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Abstract

Leading on from the discussion in Chapter 3, this chapter introduces the debate over IMF conditionality as it impinges on developing countries. The chapter focuses on the nature and impact of, and possible reforms to, ‘high’ conditionality. Questions relating to the appropriate blend between high and low conditionality and a more detailed assessment of key Fund facilities are held over until the next chapter. These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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What this paper is about

Leading on from the discussion in Chapter 3, this chapter introduces the debate over IMF conditionality as it impinges on developing countries. The chapter focuses on the nature and impact of, and possible reforms to, ‘high’ conditionality. Questions relating to the appropriate blend between high and low conditionality and a more detailed assessment of key Fund facilities are held over until the next chapter. These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Available abstract

Leading on from the discussion in Chapter 3, this chapter introduces the debate over IMF conditionality as it impinges on developing countries. The chapter focuses on the nature and impact of, and possible reforms to, ‘high’ conditionality. Questions relating to the appropriate blend between high and low conditionality and a more detailed assessment of key Fund facilities are held over until the next chapter. These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

Key concepts: Conditionality, Political science, Economic system, Economics, Law, Politics

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