Speakers argue that ownership, not the number of conditions, is key to success of an IMF program IMF conditionality review stresses ownership

Summary

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Proposals for increasing ownership. IMF conditionality. Roles of IMF and World Bank.

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Speakers argue that ownership, not the number of conditions, is key to success of an IMF program IMF conditionality review stresses ownership

As part of its conditionality review, the IMF has organized a series of discussions on its proposals, holding seminars in Berlin in June (see IMF Survey, July 2, page 218) and in Tokyo in July (see IMF Survey, July 30, page 249). A third forum--cosponsored by the Commonwealth Secretariat, the World Bank, and the IMF and held in London on July 23-24--covered issues related to conditionality and ownership particularly relevant to low-income countries. The...

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