Adjustment, conditionality, and international financing : papers presented at the Seminar on "The Role of the International Monetary Fund in the Adjustment Process" held in Viña del Mar, Chile, April 5-8, 1983

This book contains papers presented at a seminar in Vina del Mar, Chile, under the sponsorship of the Central Bank of Chile, the Federico Santa Maria University, and the IMF. Reprinted in 1985. The seminar was the first to be conducted in Spanish under the seminar program for nonofficials recently established by the External Relations Department of the Fund. The siminar program aims at promoting understanding of what the Fund has done and is doing to help members with their balance of payments problems. The seminars are also designed to improve the Fund's knowledge of thinginh in academic, and other circles concerning the isues with which the Fund deals in order to find ways of enhancing the effectiveness of the Fund's work This paper summarizes the major findings of the world economic outlook exercise carried out by the Fund staff in December 1982, with particular emphasis on developments in the non-oil developing countries of the Western Hemisphere.