
 |
 |
|
|
|
 |
| |
 |
|
WHAT IS CONDITIONALITY? Examine the role of conditionality in IMF financing programs-- the levels of conditionality, provisions of adjustment programs, along with typical IMF financing preconditions and performance criteria. |
 |
|
HISTORY, ROLE, AND OBJECTIVES Learn about the history of conditionality and the IMF's early emphasis on demand-management tools in contrast to its more recent integration of supply-side policies. |
 |
|
OPERATIONS The IMF determines the ability of its member recipients to repay loans and the appropriate conditions to encourage repayment. Examine the outworking of conditionality. |
 |
|
EFFECTIVENESS Read about recent IMF conditionality experiences, and the subsequent debate as to its effectiveness. |