Creating Policy Space - Responsive Design and Streamlined Conditionality in Recent Low-Income Country Programs

September 9, 2009

Preview Citation

Format: Chicago

Creating Policy Space - Responsive Design and Streamlined Conditionality in Recent Low-Income Country Programs , (USA: International Monetary Fund, 0) accessed December 22, 2024

Summary

An analysis of recent programs in low-income countries, covering countries with continuous program engagement with the IMF throughout the period 2007-09, shows that program design has been adapted to provide expanded policy space in response to the food and fuel price shocks of 2007-08 and to the global financial crisis that followed. The analysis also finds that structural conditionality in Fund-supported programs in low-income countries has become more streamlined, with a dominant focus on public sector resource management and accountability.

Subject: Access to Fund general resources, Conditionality, Economic indicators, Economic policy, External shocks, Financial crisis, Fiscal policy, Fund facilities, Fund role, Global Financial Crisis 2008-2009, Low-income developing countries, Monetary policy

Publication Details

Pages:

---
Volume:

---
DOI:

---
Issue:

---
Series:

Policy Papers
Stock No:

---
ISBN:

---
ISSN:

---

FACTSHEETS

RESOURCES

TOPICS

Flagship Publications

Other Publications

IMF reports and publications by country

Regional Offices

All News

See Also

For Journalists

Press Center

RESOURCES

FLAGSHIPS

KEY SERIES

IMF NOTES

Policy Papers