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IMF Structural Programs

IMF Structural Programs

(p.363) 5 IMF Structural Programs
Economic and Financial Crises in Emerging Market Economies
Morris GoldsteinTimothy F. GeithnerPaul KeatingYung Chul Park
University of Chicago Press

This chapter examines the role of structural policies in International Monetary Fund (IMF) supported adjustment programs on financial crises in emerging market economies. Structural policies are those aimed at reducing or dismantling government-imposed distortions such as trade liberalization, disclosure policies and privatization policies. This chapter also summarizes the main concerns and criticisms that have been expressed about the IMF's existing approach to structural policy conditionality.

Keywords:   International Monetary Fund, IMF, structural policies, financial crises, emerging market economies, trade liberalization, disclosure policies, privatization policies, structural policy conditionality

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