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The Economic Impact of IMF-Supported Programs in Low-Income Countries
Bal-Gunduz, Yasemin; Ebeke, Christian; Hacibedel, Burcu; … - International Monetary Fund (IMF) - 2013
This paper aims to assess the economic impact of the IMF’s support through its facilities for low-income countries. It … relies on two complementary econometric analyses: the first investigates the longer-term impact of IMF engagement … role of IMF shock-related financing—through augmentations of Extended Credit Facility arrangements and short-term and …
Persistent link: https://www.econbiz.de/10010790497
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How would Capital Account Liberalisation Affect China's Capital Flows and the Renminbi Real Exchange Rates?
He, Dong; Cheung, Lillian; Zhang, Wenlang; Wu, Tommy - Hong Kong Institute for Monetary Research (HKIMR), … - 2012
In this paper we study the determinants of gross capital flows, project the size of China's international investment positions in 2020 and analyse the implications for the renminbi real exchange rates. We assume in this exercise that the renminbi will have largely achieved capital account...
Persistent link: https://www.econbiz.de/10010633212