The IMF and the need for national institutions to function better

Greater acceptability

It appears from observations that the International Monetary Fund (IMF) might be pondering what it must do to guarantee even better outcomes from its policy prescription for the developing countries that it helps. Periodic statements show that the IMF is satisfied that its policies are being met with greater acceptability among developing countries. It states with greater assurance that its policies are working. No doubt the drive towards the Millennium Development Goals spurred many countries on and over the last 25 years or so, they had become comfortable utilizing the remedies that it prescribed for dealing with their ailing economies. The IMF reported earlier this year that several beneficiary countries had made significant progress in reforming and growing their economies, and had made great strides toward macroeconomic