Africa and IMF Conditionality: The Unevenness of Compliance, 1983-2000

1st Edition

Kwame Akonor

Routledge
Published July 26, 2012
Reference - 178 Pages
ISBN 9780415653473 - CAT# Y143978
Series: African Studies

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Summary

Ghana was one of the first African countries to adopt a comprehensive IMF reform program and the one that has sustained adjustment longest. Yet, questions of Ghana's compliance - to what extent did it comply, how did it manage compliance, what patterns of non-compliance existed, and why? - have not been systematically investigated and remain poorly understood.

This book argues that understanding the domestic political environment is crucial in explaining why compliance, or the lack thereof, occurs. Akonor maintains that compliance with IMF conditionality in Ghana has had high political costs and thus, non-compliance occurred once the political survival of a regime was at stake.

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