powerful Financial Stability Board, and augmenting the financial resources of the IMF. However, the international financial … architecture remains inadequate for the needs of many emerging market economies. The effectiveness of IMF surveillance …) debt restructuring, and on the cross-border resolution of insolvent, internationally active financial firms for fair burden …

rely solely on the International Monetary Fund (IMF) again, the Chiang Mai Initiative (CMI) was created in 2000. When the … doubled in size to $240 billion, while the IMF de-linked portion was increased to 30%. A surveillance unit, the Association …-developing financial emergency, it is unlikely that the CMIM will be used even as a complement to the IMF. To serve as a stand-alone option …

/08 global financial and economic crisis - which were supported by the International Monetary Fund (IMF) and various European … as the size of imbalances, financing, unique cooperation of the IMF and various European facilities, and membership of a … lessons from European experiences, including the coexistence of the IMF and regional safety nets, cooperation issues, systemic …

challenged with worse debt dynamics and more limited access to dollar liquidity. Asia, instead, seems to have developed a much …

, foreign currency-denominated lending). But are all inflows the same? In this paper, we examine whether the source of the … investment, portfolio debt and other investment flows are associated with larger macroeconomic imbalances and financial …

provinces, cities, municipalities, and villages not to exceed 20% of their annual regular income going into debt servicing. The … patterns of local debt management practices, highlights the roles of national government agencies and regulatory policies, and … proposes emerging ideas and recommendations on how to improve debt management as an important pillar in local finance and …