The Incidence and Effectiveness of Prior Actions in IMF-Supported Programs /
Prior actions are measures that need to be implemented prior to Board approval of an IMFsupported program. This paper examines whether such prior actions can signal a willingness to implement reforms, especially when the member's track record is weak. We find some support for this signaling rol...
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| Format: | Electronic eBook |
| Language: | English |
| Published: |
Washington, D.C. :
International Monetary Fund,
2006.
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| Series: | IMF Working Papers ;
Working Paper no. 06/213. |
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| Online Access: |
Full text (Emmanuel users only) |