IMF Structural Programs

Morris Goldstein, Timothy F. Geithner, Paul Keating and Yung Chul Park

in Economic and Financial Crises in Emerging Market Economies

Published by University of Chicago Press

Published in print February 2003 | ISBN: 9780226241098
Published online February 2013 | e-ISBN: 9780226241104 | DOI:
IMF Structural Programs

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This chapter examines the role of structural policies in International Monetary Fund (IMF) supported adjustment programs on financial crises in emerging market economies. Structural policies are those aimed at reducing or dismantling government-imposed distortions such as trade liberalization, disclosure policies and privatization policies. This chapter also summarizes the main concerns and criticisms that have been expressed about the IMF's existing approach to structural policy conditionality.

Keywords: International Monetary Fund; IMF; structural policies; financial crises; emerging market economies; trade liberalization; disclosure policies; privatization policies; structural policy conditionality

Chapter.  40768 words.  Illustrated.

Subjects: International Economics

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