Showing 1 - 10 of 66
/08 global financial and economic crisis-which were supported by the International Monetary Fund (IMF) and various European …, such as the size of imbalances, financing, unique cooperation of the IMF and various European facilities, and membership of …, including the coexistence of the IMF and regional safety nets, cooperation issues, systemic spillovers, and social implications …
Persistent link: https://www.econbiz.de/10011715721
This paper assesses that participation of countries in IMF programs significantly diminishes their vulnerability to … external shocks. Currently, one of the primary purposes of the IMF is to ensure global stability. As such, the Fund has the … participation in the IMF arrangements has a significant impact in decreasing the sensitivity to exogenous shocks. Despite the …
Persistent link: https://www.econbiz.de/10011447050
This paper examines the implications of the global financial crisis of 2007-10 for reform of the global financial architecture, in particular the International Monetary Fund and the Financial Stability Board and their interaction. These two institutions are not fully comparable, but they must...
Persistent link: https://www.econbiz.de/10008696422
The more severe a financial crisis, the greater has been the likelihood of its management under an IMF … increased programme likelihood but have prompted faster response mainly for 'major'crises. Over time, the IMF's response has not …
Persistent link: https://www.econbiz.de/10009768011
, China's debt has doubled, reaching levels that are clearly above those of most emerging markets. This increases the risks …
Persistent link: https://www.econbiz.de/10011384045
During the pandemic, public debt in Latin America and the Caribbean rose to more than 70 percent of GDP, and countries … are now attempting to lower debt ratios. We analyze past debt reduction episodes and find inflation and the real interest … rate were the most frequent main drivers, while higher growth, fiscal consolidation and debt restructuring were relatively …
Persistent link: https://www.econbiz.de/10014540585
Though the renminbi is not yet convertible, the international monetary regime has already started to move towards a 'multipolar' system, with the dollar, the Chinese currency and the euro as its key likely pillars. This shift corresponds to the long-term evolution of the balance of economic...
Persistent link: https://www.econbiz.de/10008933422
these companies use external financing sources like debt and equity capital to finance their activities. However, in general … literature. In this context, the access to debt capital and even more often the access to Venture Capital is analysed. Research … that bank loans and overdrafts are the most widespread debt financing methods for SMEs, but that alternative sources like …
Persistent link: https://www.econbiz.de/10011862387
Persistent link: https://www.econbiz.de/10014420291
Persistent link: https://www.econbiz.de/10000863429