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Give Trust a Chance--A Model of Trust in the Context of an IMF-Supported Program

Give Trust a Chance--A Model of Trust in the Context of an IMF-Supported Program by Daouda Sembene
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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.
International Monetary Fund; February 2007
30 pages; ISBN 9781452799568
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Title: Give Trust a Chance--A Model of Trust in the Context of an IMF-Supported Program
Author: Daouda Sembene
 
ISBNs
1451910592
9781451866063
9781451910599
9781452799568