Background Papers for The IMF and the Crises in Greece, Ireland, and Portugal

Book cover 1

This book brings together nine background papers that examine different aspects of the effectiveness of the IMF’s engagement in Greece, Ireland, and Portugal during 2010–14. The crises in these countries, coming so soon after the global financial and economic crisis, and occurring in a common currency area comprising highly integrated economies, posed extraordinary challenges to European and world policymakers. The IMF was called upon to provide financing and technical expertise in the management of these crises. The papers were prepared by IEO staff and external experts for the IEO evaluation The IMF and the Crises in Greece, Ireland, and Portugal (2016). While the IEO used these background papers as inputs to help form judgments, the views expressed herein remain those of the authors alone and do not necessarily represent those of the IEO, the IMF, or IMF policy.

Full text of the compendium (PDF)