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Mexico : Arrangement Under the Flexible Credit Line: Staff Report; Staff Supplement; and Press Release on the Executive Board Discussion
International Monetary Fund - 2009
This paper discusses the arrangement under the Flexible Credit Line (FCL) for Mexico. Mexico has achieved a high level … also under strain in the consumer banking portfolio. The arrangement for Mexico is the first commitment under the IMF’s FCL …
Persistent link: https://www.econbiz.de/10014405719
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Mexico : Review Under the Flexible Credit Line Arrangement: Staff Report; and Press Release on the Executive Board Discussion
International Monetary Fund - 2011
Mexico’s policy stance has focused on balancing domestic and external conditions, supporting the recovery while …
Persistent link: https://www.econbiz.de/10014397159
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Mexico : Arrangement Under the Flexible Credit Line and Cancellation of the Current Arrangement
International Monetary Fund - 2011
have facilitated the maintenance of orderly economic conditions in Mexico even amidst the substantial external volatility … during the global crisis. Executive Directors welcomed the authorities’ commitment to maintain Mexico’s strong policy … Flexible Credit Line has helped Mexico to maintain confidence and also to insure against external risks while supporting a …
Persistent link: https://www.econbiz.de/10014402129
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Mexico : Arrangement Under the Flexible Credit Line and Cancellation of the Current Arrangement: Staff Report; Staff Supplement; and Press Release on the Executive Board Discussion
International Monetary Fund - 2010
This paper discusses the Arrangement for Mexico Under the Flexible Credit Line (FCL) and Cancellation of the Current … Arrangement. The recent upward trend in output in Mexico is expected to continue, leading to projected growth of 4 percent for … staff assesses that Mexico meets the qualification criteria for access to FCL resources and recommends approval of an FCL …
Persistent link: https://www.econbiz.de/10014406626
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Mexico : Review Under the Flexible Credit Line Arrangement: Staff Report and Press Release on the Executive Board Discussion
International Monetary Fund - 2009
Mexico’s strong policy framework has helped cushion the impact of the global crisis. The staff report highlights Mexico …
Persistent link: https://www.econbiz.de/10014406849
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A Noteon Debt Reduction and Echonomic Efficiency
International Monetary Fund - 1990
This note examines the efficiency gains that might result from market-based debt reduction and alternative uses of resources. It is argued that when a country’s expected output falls short of contractual claims on that output, private investment is drawn to activities that protect the...
Persistent link: https://www.econbiz.de/10014396332
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Valuation of Menu items in Debt Restructuring
International Monetary Fund - 1989
This paper outlines a procedure for calculating the cash value of “menu items” in debt restructuring proposals, including par and non-par exchanges, with enhancements consisting of either interest or principal guarantees. It is argued that under certain plausible assumptions interest and...
Persistent link: https://www.econbiz.de/10014396239
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Simple Analytics : Debt-Equity Swaps and Debt forgiveness
International Monetary Fund - 1988
This paper is concerned with debt-equity swaps in which foreign residents are a party to the exchange (i.e., it does not deal with flight capital), and with debt forgiveness. The seemingly unrelated issues of debt-equity swaps and debt forgiveness are jointly treated in this study, because debt...
Persistent link: https://www.econbiz.de/10014396299
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Debt Relief and Adjustment Incentives : A Theoretical Exploration
International Monetary Fund - 1988
The purpose of this paper is to analyze the argument that debt relief would increase the incentive of a debtor country to make an adjustment effort (to invest) and that for this reason creditors may benefit by granting relief. It is shown that there are actually opposing incentive effects of...
Persistent link: https://www.econbiz.de/10014396170
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A Delicate Equilibrium : Debt Relief and Default Penalties in an International Context
International Monetary Fund - 1989
Debt relief and penalties are discussed in connection with sovereign-country loans. We focus on conditions for the existence of penalties that are too low for ensuring Pareto efficiency, and show the possible time inconsistency of optimal debt contracts. A methodology for ascertaining debt...
Persistent link: https://www.econbiz.de/10014396205