This paper studies the factors that have influenced countries' participation in IMF drawing programs. IMF drawing …-track, it provides a closer link to the factors that have influenced the evolution of IMF credit outstanding. The analysis uses … determinants of countries' participation in IMF drawing programs. The importance of the global factor is not uniform during the …

the IMF, the other under the leadership of Harry Johnson in Chicago. The IMF approach is presented as an evolutionary …-proclaimed revolutionary. It posits the ‘essentially monetary character’ of the balance of payments. The IMF model tests satisfactorily as an …

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 …