Description |
1 online resource (37 pages) |
Series |
IMF country report, 1934-7685 ; no. 11/99 |
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IMF country report ; no. 11/99.
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Contents |
Cover; Contents; I. Introduction; II. Backdrop to the 2009 Program; III. Evaluation of the Response; A. Was the Macroeconomic Response Appropriate?; Boxes; 1. Lending Under Government Programs; 2. Choice of Exchange Rate Regime; B. Was the Approach to Structural Reforms Sufficiently Ambitious?; C. Was the Fund's Financing Strategy Appropriate?; D. Exceptional Access Procedures; IV. Assessment of Program Performance; 3. How did the Program Deal with Risks; Figures; 1. Program Projections and Outcomes; 2. Comparison of Macroeconomic Performance with Other Program Countries; Table |
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Selected Economic Indicators, 2007-10Annex; Belarusian Authorities' Comments to EPE Report |
Summary |
Belarus was hard hit by the global economic crisis. An exceptional access Stand-By Arrangement (SBA) was, therefore, agreed in early 2009. The program was generally successful and most program conditions were met. The program was overall well designed, but with some shortcomings. While in part owing to external shocks, those problems experienced under the program also reflected rapid directed lending. Lessons from the review are many, the main one is the criticality of incorporating fully ownership, including at the highest levels, in program design and conditionality |
Notes |
Online resource; title from PDF title page (IMF Web site, viewed August 16, 2011) |
Subject |
International Monetary Fund -- Belarus
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SUBJECT |
International Monetary Fund fast |
Subject |
Global Financial Crisis, 2008-2009.
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Financial crises -- Belarus
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Loans, Foreign -- Belarus
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Economic indicators -- Belarus
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Economic history
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Economic indicators
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Economic policy
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Financial crises
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Loans, Foreign
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SUBJECT |
Belarus -- Economic conditions.
http://id.loc.gov/authorities/subjects/sh87005226
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Belarus -- Economic policy.
http://id.loc.gov/authorities/subjects/sh89003920
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Subject |
Belarus
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Form |
Electronic book
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Author |
International Monetary Fund, issuing body.
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ISBN |
1283566702 |
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9781283566704 |
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9781462334445 |
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146233444X |
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1455279587 |
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9781455279586 |
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