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The Viability of Economic Reform Programs Supported by the International Financial Institutions

Bird, G, Mayer, W and Mourmouras, A The Viability of Economic Reform Programs Supported by the International Financial Institutions [Working Paper]

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Abstract

In seeking to make programs of economic reform supported by the IFIs more successful it is important to ensure that they are viable. Will governments be persuaded to participate? Will they complete the programs they negotiate? And will the IFIs be prepared to provide the resources? This paper formally analyses the factors influencing viability. It examines the constraints on participation and the need for incentive compatibility. The analysis identifies the threats to viability and the direction that reform should take. It places the effectiveness of programs firmly within a political economy framework and extends recent theories of program implementation by examining participation from the viewpoint of both the governments that demand assistance and the IFIs that supply it.

Item Type: Working Paper
Authors :
NameEmailORCID
Bird, Gg.bird@surrey.ac.ukUNSPECIFIED
Mayer, WUNSPECIFIEDUNSPECIFIED
Mourmouras, AUNSPECIFIEDUNSPECIFIED
Uncontrolled Keywords : F0, F3, G2
Depositing User : Symplectic Elements
Date Deposited : 16 May 2017 15:13
Last Modified : 17 May 2017 14:33
URI: http://epubs.surrey.ac.uk/id/eprint/818148

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