TY - BOOK ID - 84541729 TI - Give trust a chance : a model of trust in the context of an IMF-supported program AU - Sembene, Daouda. AU - International Monetary Fund. PY - 2007 SN - 1462334652 1452799563 1283515733 1451910592 9786613828187 PB - [Washington, D.C.] : International Monetary Fund, OED, DB - UniCat KW - Financial Risk Management KW - Macroeconomics KW - Taxation KW - Taxation, Subsidies, and Revenue: General KW - Financial Institutions and Services: Government Policy and Regulation KW - Institutions and the Macroeconomy KW - Public finance & taxation KW - Economic & financial crises & disasters KW - Tax incentives KW - Crisis resolution KW - Structural policies KW - Crisis management KW - Trust KW - Negotiation KW - International cooperation. KW - Mathematical models. KW - International Monetary Fund KW - Planning. UR - https://www.unicat.be/uniCat?func=search&query=sysid:84541729 AB - This paper is an attempt to identify the determinants of trust between country authorities and IMF staff in the context of an IMF-supported program. Using an outcomes-based definition of trust, a game-theoretic model is developed to compute the level of trust between the two parties. The results and the analysis of trust-related issues emerging in a program context suggest that trust between country authorities and IMF staff exerts a positive impact on the likelihood of program success through its ability to improve the quality of the design, the efficiency of negotiation, and the effectiveness of implementation of an IMF-supported program. Some initiatives to secure such benefits and enhance trust in staff are proposed. ER -