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Title Republic of Belarus : ex post evaluation of exceptional access under the 2009 stand-by arrangement / prepared by an interdepartmental staff team
Published Washington, D.C. : International Monetary Fund, ©2011

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Description 1 online resource (37 pages)
Series IMF country report, 1934-7685 ; no. 11/99
IMF country report ; no. 11/99.
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
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
SUBJECT International Monetary Fund fast
Subject Global Financial Crisis, 2008-2009.
Financial crises -- Belarus
Loans, Foreign -- Belarus
Economic indicators -- Belarus
Economic history
Economic indicators
Economic policy
Financial crises
Loans, Foreign
SUBJECT Belarus -- Economic conditions. http://id.loc.gov/authorities/subjects/sh87005226
Belarus -- Economic policy. http://id.loc.gov/authorities/subjects/sh89003920
Subject Belarus
Form Electronic book
Author International Monetary Fund, issuing body.
ISBN 1283566702
9781283566704
9781462334445
146233444X
1455279587
9781455279586
Other Titles Republic of Belarus, ex post evaluation