Growth and Adjustment in IMF-Supported Programs

Full Text of the Main Report

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Executive Summary

English

I. Introduction
X. Findings, Lessons, and Recommendations
II. Attention to Growth in IMF Policies on Lending and Program Design
III. Growth and Adjustment Outcomes of IMF-Supported Programs
IV. Assessing the Growth Impact of IMF-Supported Programs
V. Growth Aspects of Macroeconomic Program Design
VI. Fiscal Adjustment, Fiscal Reforms, and Growth
VII. Structural Conditions, Structural Reforms, and Growth
VIII. Exchange Rate Policy, External Adjustment, and Growth
IX. Market Debt Operations and Growth
Foreword
Statement by the Managing Director on the IEO Evaluation
Summing Up of the Executive Board Discussion
1. Cross-Country Analysis of Program Design and Growth Outcomes: 2008–19
Series Number: BP/21-01/01
Authors: Jun I. Kim, Jean-Marc B. Atsebi, Kwang Y. Lee, Hasan H. Toprak, and Jiakun Li
10. Growth and Adjustment in IMF-Supported Programs for Middle East and Central Asia
Series Number: BP/21-01/10
Authors: Mauro Mecagni and G. Russell Kincaid
11. Growth and Adjustment in IMF-Supported Programs for Western Hemisphere
Series Number: BP/21-01/11
Authors: Reginald Darius and Marco Pinon-Farah
2. Initiating Growth Surges: The Role of IMF-Supported Programs
Series Number: BP/21-01/02
Authors: Jean-Marc Bedhat Atsebi and Joshua Wojnilower
3. Fiscal Adjustment and Growth in IMF-Supported Programs
Series Number: BP/21-01/03
Author: Sanjeev Gupta
4. Structural Conditions, Structural Reforms and Growth in IMF-Supported Programs
Series Number: BP/21-01/04
Authors: Jung Yeon Kim and Kwang Yeon Lee
5. Exchange Rate Adjustment and Growth in IMF-Supported Programs
Series Number: BP/21-01/05
Authors: Yasemin Bal Gündüz and Reginald Darius
6. Market Debt Operations and Growth in IMF-Supported Programs
Series Number: BP/21-01/06
Author: Aitor Erce
7. Growth and Adjustment in IMF-Supported Programs for Africa
Series Number: BP/21-01/07
Authors: Peter F. Allum, Ajai Chopra, and Marco Pinon-Farah
8. Growth and Adjustment in IMF-Supported Programs for Asia and Pacific
Series Number: BP/21-01/08
Author: Ajai Chopra
9. Growth and Adjustment in IMF-Supported Programs for Europe
Series Number: BP/21-01/09
Authors: Peter F. Allum and G. Russell Kincaid
IEO Releases Evaluation of Growth and Adjustment in IMF-Supported Programs
IEO CGD Event
IEO BWP Event with CSOs
IEO STI Webinar
Implementation Plan in Response to the Board-Endorsed Recommendations from the IEO Evaluation Report on Growth and Adjustment in IMF-Supported Programs