Can PRGF Policy Levers Improve Institutions and Lead to Sustained Growth?

Policy Papers, August 8, 2005

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Can PRGF Policy Levers Improve Institutions and Lead to Sustained Growth?

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Bibliographic details

• Published: August 8, 2005
• Series: Policy Papers
• Stock No: ISBN

Summary findings

• Broad economic institutions are of fundamental importance for sustained economic growth.
• Changing these institutions is difficult, particularly for outsiders.
• Despite these challenges, there is a role for the Fund to play in assisting low-income countries to create conditions for sustained growth acceleration.

Policy implications

• The Fund can contribute to creating conditions for sustained growth acceleration in low-income countries even though direct institutional change is difficult.
• Assistance should focus on feasible levers that support the creation of enabling conditions for institutional development and growth.

Publication details and metadata

• Publication date: August 8, 2005
• Subject: Poverty Reduction and Growth Facility

Can PRGF Policy Levers Improve Institutions and Lead to Sustained Growth?, (USA: International Monetary Fund, 0) accessed 9/18/2026