ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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IMF's New Guidelines on Conditionality

Will the IMF's new guidelines on conditionality, the outcome of a review initiated some two years back in response to criticism of the Fund's handling of the adjustment problems of crisis-hit countries in Asia, make a difference to countries' adjustment efforts in the future? How far are the new guidelines different from the 1979 ones?

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