IDEAS home Printed from https://ideas.repec.org/a/wsi/jicepx/v15y2024i03ns1793993324400015.html
   My bibliography  Save this article

Completion and Conditionality: A Parsimonious Analysis of IMF Programs

Author

Listed:
  • Graham Bird

    (Claremont Institute for Economic Policy Studies, Claremont Graduate University, USA)

  • Harvey Baldovino

    (Claremont Institute for Economic Policy Studies, Claremont Graduate University, USA)

  • Dane Rowlands

    (��Norman Paterson School of International Affairs, Carleton University, Canada)

Abstract

A feature of IMF programs is the relatively large proportion that are not carried through to completion. One explanation is that excessive conditionality undermines ownership and commitment to IMF-favored policy reform. The IMF’s “streamlining†initiative in the early 2000s was intended to limit conditionality and thereby improve the completion rate. This paper empirically investigates the relationship between conditionality and completion. For the full period, 1980–2019, it discovers no statistically significant relationship between them at the aggregate level. It goes on to examine the ways in which this result can be interpreted and discusses the implications for reform.

Suggested Citation

  • Graham Bird & Harvey Baldovino & Dane Rowlands, 2024. "Completion and Conditionality: A Parsimonious Analysis of IMF Programs," Journal of International Commerce, Economics and Policy (JICEP), World Scientific Publishing Co. Pte. Ltd., vol. 15(03), pages 1-14, October.
    • Handle: RePEc:wsi:jicepx:v:15:y:2024:i:03:n:s1793993324400015
    DOI: 10.1142/S1793993324400015
    as

    Download full text from publisher

    File URL: http://www.worldscientific.com/doi/abs/10.1142/S1793993324400015
    Download Restriction: Access to full text is restricted to subscribers
    File URL: https://libkey.io/10.1142/S1793993324400015?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:wsi:jicepx:v:15:y:2024:i:03:n:s1793993324400015. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Tai Tone Lim (email available below). General contact details of provider: http://www.worldscinet.com/jicep/jicep.shtml .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.