Díaz-Cassou, Javier; García-Herrero, Alicia; Molina, Luis - Banco de España - 2006
oriented towards crisis prevention or with longer-term objectives, also perform better in terms of catalysis. In turn, programs … oriented towards crisis resolution actually discourage private capital flows. This worrisome finding, given the importance of … crisis resolution for the Fund, is mitigated for FDI inflows in the case studies analysed.Finally, all case studies point to …