"IMF policy recommendations are often criticised for being too restrictive, pro-cyclical and paying little attention to country-specific circumstances. In the aftermath of the 2008 crisis, the Fund showed some policy rethinking, bringing about expectations of change. However, Rathin Roy and Raquel A. Ramos of the UNDP International Policy Centre for Inclusive Growth analyse IMF policy recommendations given to developing countries and conclude that headquarters’ receptiveness to new approaches has not been translated into policy analysis or recommendations." (Quoted from paper)