Social Issues in IMF-Supported Programs

As part of its mandate, the IMF seeks to create the conditions necessary for sustained high-quality growth, which encompasses a broad range of elements. These include sound macroeconomic policies, growth-enhancing structural reforms, good governance, and such social policies as cost-effective social safety nets and targeted social expenditures. This paper reviews the IMF's policy advice in two key areas of social policy: social safety nets and public spending on education and health care. It was initiated as part of the work by the World Bank and IMF to strengthen the poverty focus of adjustment programs in low-income countries, in particular within the framework of the Initiative for Heavily Indebted Poor Countries (HIPCs).
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Volume/Issue: Volume 2000 Issue 002
Publication date: January 2000
ISBN: 9781557758736
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Business and Economics , Medical , Political Science , Banks and Banking , Public Finance , Health Policy , Public Policy - Social Services and Welfare , Poverty and Homelessness , OP , social policy , policy , implementation of social policies , IMF's social policy advice , IMF expertise , targeting of public spending , IMF collaboration , Health care spending , Social assistance spending , Health care , Sub-Saharan Africa , Asia and Pacific , Global

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Summary

As part of its mandate, the IMF seeks to create the conditions necessary for sustained high-quality growth, which encompasses a broad range of elements. These include sound macroeconomic policies, growth-enhancing structural reforms, good governance, and such social policies as cost-effective social safety nets and targeted social expenditures. This paper reviews the IMF's policy advice in two key areas of social policy: social safety nets and public spending on education and health care. It was initiated as part of the work by the World Bank and IMF to strengthen the poverty focus of adjustment programs in low-income countries, in particular within the framework of the Initiative for Heavily Indebted Poor Countries (HIPCs).

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