Title: The Fund’s Lending Facilities: Reforming the Compensatory Financing Facility and the Extended Fund Facility
Abstract: Whereas the previous chapter concentrated on the nature of IMF 'high' conditionality, this chapter examines the appropriate combination of high and low conditionality. Its principal function, however, is to look at some of the lending facilities of the Fund in a little more depth and to evaluate policies for reform. In particular, the chapter investigates the Compensatory Financing Facility and the Extended Fund Facility, although certain remarks are made concerning other Fund facilities.
Publication Year: 1987
Publication Date: 1987-01-01
Language: en
Type: book-chapter
Indexed In: ['crossref']
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