The twenty-one contributions in this book assess the controversy surrounding the Fund and provide judgments about the criteria for Fund lending which should hel

IMF conditionality has been severely criticised by developing countries, who accuse the Fund of unjustly provoking political turmoil and causing poverty. This r

analyzes the changes in conditions placed on International Monetary Fund loans to states over the last fifty years and argues that the changes can be explained

This paper is part II of a two-volume study conducted as a part of the IMF's ongoing process of evaluating its lending facilities. It focuses on IMF-supported p

Program conditionality and ownership are important considerations in the IMF's current rethinking of program design. This paper contributes to the literature by