The IMF's role in low-income countries
Subtitle: issues and challenges
By: prepared by Domenico Lombardi.
Contributors: International Monetary Fund. Office of the Executive Director for Albania, Greece, Italy, Malta, Portugal, San Marino, and Timor-Leste.
Series: IMF working paper -- WP/05/177
Publisher: International Monetary Fund, Office of the Executive Director for Albania, Greece, Italy, Malta, Portugal, San Marino, and Timor-Leste
Published: 2005
Place of publication: Washington, D.C
Language: eng
Number of pages: 40
Subjects: International Monetary Fund -- Developing countries.; Economic assistance -- Developing countries.; Developing countries -- Economic policy.; Developing countries -- Economic conditions.
Other titles: International Monetary Fund's role in low-income countries
Description: Drawing on recent research, this study elaborates on the role of the IMF in support of its low-income members, pointing to the global character of the institution and to its superior ability--given its multilateral nature--to serve as a financial institution, an information provider, and a commitment device. The IMF assists low-income members through a range of activities that are normally bundled together, including lending, offering policy advice, and providing assistance with capacity building. The study reviews the features of IMF policies towards its low-income membership and points to the main challenges to their success.
Notes: "September 2005."

Includes bibliographical references (p. 35-39).

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