Fiscal Adjustment in IMF-Supported Programs

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    Using a cross-country sample of 169 IMF-supported programs and detailed studies of 15 programs, this evaluation report examines various aspects of fiscal adjustment in IMF-supported programs. It presents evidence that does not support some critics’ view that IMF-supported programs typically adopt a one-size-fits-all approach to fiscal adjustment, nor the perception that programs always involve austerity by targeting reductions in public spending. The report also proposes a number of recommendations for IMF surveillance and program design in the future.

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    Number of Pages: 125
    Format(s): Ebook - ISBN: 9781452758428
    Publication Date:
    Listed in: International economics
    Publisher: INTERNATIONAL MONETARY FUND

    Books by International Monetary Fund

    Ebook (ePub)

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