On being grandmotherly; the evolution of IMF conditionality.

Abstract

Analyses the principle of conditionality in order to bring out its limitations and defects: the questionable concept of 'mismanagement', the stress laid on monetary criteria, the placement of responsibility for solving disequilibria onto the deficit countries, the lack of concern shown to establishing the origin of the deficits, and the imposition of stereotyped stabilization programmes in varying situations.-from Author