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CONTENTS Introduction Section I: Whither Conditionality? 1. Who's in Charge? Ownership and Conditionality in IMF-supported Programs James Boughton 2. Policy Conditionality Stephen Coate and Stephen Morris 3. Conditionality and Ownership in IMF Lending: A Political Economy Approach Allan Drazen 4. Endogenous IMF Conditionality: Theoretical and Empirical Implications Patrick Conway Section II: The International and Domestic Politics of IFI Programs 5. The High Politics of IMF Lending Strom C. Thacker 6. Money Talks: Supplementary Financiers and International Monetary Fund Conditionality Erica Gould 7. The World Bank and the Reconstruction of the "Social Safety Net" in Russia and Eastern Europe Paul Mosley 8. When the World Bank Says Yes: Determinants of Structural Adjustment Lending Rodwan Abouharb and David Cingranelli 9. The Economic and Political Dimensions of IMF Program Demand and Supply: A Disaggregated Approach Graham Bird and Dane Rowlands 10. The Survival of Political Leaders and IMF Programs: Testing the Scapegoat Story Alastair Smith and James Vreeland 11. Do Poverty Reduction Strategy Papers Empower Developing Countries and Disempower the World Bank or vice-versa? Frances Stewart and Michael Wang Section III: Possible Reforms of the IFIs 12. Macroeconomic Adjustment in IMF-Supported Programs: Projections and Reality Rouben Atoian, Patrick Conway, Marcelo Selowsky, and Tsidi Tsikata. 13. The IMF and Capital Account Crises: The Case for a Separate Lender of Last Resort and Conditionality Functions Thomas Willett 14. Should the IMF Discontinue its Long-Term Lending Role in Developing Countries? Paul Mosley and Graham Bird 15. IFIs and IPGs: Operational Implications for the World Bank Ravi Kanbur 16. Ownership, Dutch Disease, and the World Bank Gustav Ranis Section IV: Reflections on the International Infrastructure 17. Why it matters who runs the IMF and the World Bank Nancy Birdsall 18. Do as I say not as I do: A Critique of G-7 Proposals on "Reforming" the MDBs Devesh Kapur
Library of Congress Subject Headings for this publication:
Financial institutions, International.
International Monetary Fund.
Economic assistance -- Political aspects.
Technical assistance -- Political aspects.
International economic relations.