It takes the average reader 1 hour and 30 minutes to read The Changing Nature of IMF Conditionality by Jacques Jacobus Polak
Assuming a reading speed of 250 words per minute. Learn more
In the terminology of the International Monetary Fund, "conditionality" refers to the policies the Fund expects a member to follow in order to be able to avail itself of credit from the Fund (Gold, 1979). Over the years, major changes in the landscape surrounding the Fund and in the situation of its members have brought about important changes in the content of conditionality. These changes have been most pronounced in the 1980s, and they have led to a gradual, but cumulatively fundamental, change in the Fund's relations with its borrowing members over the past decade -- with further changes likely in the 1990s. 1.1 The impact of changing economic conditions One major change affecting the Fund's conditionality has been the narrowing down of the Fund's clientele to its developing members. The Fund had been conceived as an institution to which any of its members could be expected to turn for temporary financing when faced with balance-of-payments difficulties. The main ...
The Changing Nature of IMF Conditionality by Jacques Jacobus Polak is 90 pages long, and a total of 22,500 words.
This makes it 30% the length of the average book. It also has 27% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes 2 hours and 2 minutes to read The Changing Nature of IMF Conditionality aloud.
The Changing Nature of IMF Conditionality is suitable for students ages 10 and up.
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