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Chapter 9: Pakistan

Chapter 9: Pakistan »

Source: Evaluation of Prolonged Use of IMF Resources

Series: Independent Evaluation Office Reports

Author(s): International Monetary Fund. Independent Evaluation Office

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 10 April 2003

ISBN: 9781589062054

Keywords: balance of payments, current account, tax administration, external debt

1. Pakistan is one of the most prolonged users of IMF resources and has been under IMF-supported programs almost continuously since the late 1980s. 2. This report aims to cast light on what successi...

Chapter 10: Philippines

Chapter 10: Philippines »

Source: Evaluation of Prolonged Use of IMF Resources

Series: Independent Evaluation Office Reports

Author(s): International Monetary Fund. Independent Evaluation Office

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 10 April 2003

ISBN: 9781589062054

Keywords: balance of payments, current account, tax administration, external debt

Introduction 1. The Philippines is probably the most extreme case of prolonged use of IMF resources, with 23 programs between 1962 and 2000. Over the 30-year period 1971–2000, the Ph...

Chapter 5: Prolonged Use and Effectiveness of IMF-Supported Programs

Chapter 5: Prolonged Use and Effectiveness of IMF-Supported Programs »

Source: Evaluation of Prolonged Use of IMF Resources

Series: Independent Evaluation Office Reports

Author(s): International Monetary Fund. Independent Evaluation Office

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 10 April 2003

ISBN: 9781589062054

Keywords: balance of payments, current account, tax administration, external debt

1. Since UFR policies have been designed at least to contain, if not entirely avoid, prolonged use, the pervasiveness of the phenomenon raises questions about the effectiveness of IMF-supported programs in p...

Chapter 11: Senegal

Chapter 11: Senegal »

Source: Evaluation of Prolonged Use of IMF Resources

Series: Independent Evaluation Office Reports

Author(s): International Monetary Fund. Independent Evaluation Office

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 10 April 2003

ISBN: 9781589062054

Keywords: balance of payments, current account, tax administration, external debt

Introduction 1. Growing external imbalances and diminished prospects for continuing private external financing led Senegal to seek its first IMF arrangement in 1979. Since then, the...

Chapter 3: The Evolution of the IMF’s Policies with Respect to Prolonged Use of Its Resources

Chapter 3: The Evolution of the IMF’s Policies with Respect to Prolonged Use of Its Resources »

Source: Evaluation of Prolonged Use of IMF Resources

Series: Independent Evaluation Office Reports

Author(s): International Monetary Fund. Independent Evaluation Office

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 10 April 2003

ISBN: 9781589062054

Keywords: balance of payments, current account, tax administration, external debt

1. This chapter describes how the IMF’s policies with respect to prolonged use have evolved over time. It shows that these policies have moved gradually toward greater acceptance of the need to finance adjus...

Chapter 4 The IMF’s Evolving Role in Trade Policy: How Was the Process Guided?

Chapter 4 The IMF’s Evolving Role in Trade Policy: How Was the Process Guided? »

Source: IMF Involvement in International Trade Policy Issues

Series: Independent Evaluation Office Reports

Author(s): International Monetary Fund. Independent Evaluation Office

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 October 2009

ISBN: 9781589068674

Keywords: trade liberalization, trade policy issues, trade policies, balance of payments, world trade

20. Executive Board guidance on trade policy since the mid-1990s pushed staff both to broaden the range of issues they covered and to be more selective. 5...

Chapter 7: The Implications of Prolonged Use for the Member Country and the IMF

Chapter 7: The Implications of Prolonged Use for the Member Country and the IMF »

Source: Evaluation of Prolonged Use of IMF Resources

Series: Independent Evaluation Office Reports

Author(s): International Monetary Fund. Independent Evaluation Office

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 10 April 2003

ISBN: 9781589062054

Keywords: balance of payments, current account, tax administration, external debt

1. In this chapter, we examine the effects of prolonged use on institutional development within the borrowing countries and on the IMF’s financial and human resources. Implications for...

Chapter 2: What Is Prolonged Use and How Widespread Is It?

Chapter 2: What Is Prolonged Use and How Widespread Is It? »

Source: Evaluation of Prolonged Use of IMF Resources

Series: Independent Evaluation Office Reports

Author(s): International Monetary Fund. Independent Evaluation Office

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 10 April 2003

ISBN: 9781589062054

Keywords: balance of payments, current account, tax administration, external debt

What Is Prolonged Use of IMF Resources? 1. There is no official or generally agreed definition of prolonged use of Fund resources (UFR). In previous studies, undertaken both within a...

Chapter 2 What Is the Nature of the IMF’s Mandate to Cover Trade Policy?

Chapter 2 What Is the Nature of the IMF’s Mandate to Cover Trade Policy? »

Source: IMF Involvement in International Trade Policy Issues

Series: Independent Evaluation Office Reports

Author(s): International Monetary Fund. Independent Evaluation Office

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 October 2009

ISBN: 9781589068674

Keywords: trade liberalization, trade policy issues, trade policies, balance of payments, world trade

5. The IMF’s mandate on trade policy issues is broad, but not precise. 2 The root of the mandate lies in Article I(ii) which specifies that a purpo...

Evaluation of Prolonged Use of IMF Resources

Evaluation of Prolonged Use of IMF Resources »

Series: Independent Evaluation Office Reports

Author(s): International Monetary Fund. Independent Evaluation Office

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 10 April 2003

DOI: http://dx.doi.org/10.5089/9781589062054.017

ISBN: 9781589062054

Keywords: balance of payments, current account, tax administration, external debt

This evaluation report covers such topics as the definition and scope of prolonged use, the evolution of IMF policies on prolonged use, characteristics of prolonged users, the effectiveness and design of prolonged...