Imf Conditionality and Program Ownership : A Case for Streamlined Conditionality

A Case for Streamlined Conditionality

Imf Conditionality and Program Ownership : A Case for Streamlined Conditionality
Program conditionality and ownership are important considerations in the IMF's current rethinking of program design. This paper contributes to the literature by developing a theory of program conditionality and ownership on the basis of Cumulative Prospect Theory. The policymaker may value a set of programs, each with fewer conditions, more than... READ MORE...

Publication date: May 2003
ISBN 9781451852165
$15.00

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