CIAO DATE: 05/2014
March 2014
Centre for International Governance Innovation
In the aftermath of the Arab uprisings, the IMF has treated Egypt, Morocco and Tunisia differently than it had in previous years. Since the uprisings, the IMF has focussed more sharply on the social dimensions of its macroeconomic policy advice in these countries. Specifically, the IMF has changed its policy advice concerning growth, inequality, and health and education spending. Although this is a positive change and development of IMF thinking, there is room for improvement. The IMF could strengthen its commitment to the social dimensions of macroeconomic policy by expanding its policy advice on inclusive growth and diversifying its expertise beyond the limits of macroeconomists.
Resource link: Shifting IMF Policies since the Arab Uprisings [PDF] - 719K