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Could a high-access, quick-disbursing "insurance facility" in the IMF help to reduce the incidence of sharp … conventional IMF-supported programs on the incidence of sudden stops. Correcting for the non-random assignment of programs, we find … that sudden stops are fewer and generally less severe when an IMF arrangement exists and that this form of "insurance …
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Could a high-access, quick-disbursing quot;insurance facilityquot; in the IMF help to reduce the incidence of sharp … conventional IMF-supported programs on the incidence of sudden stops. Correcting for the non-random assignment of programs, we find … that sudden stops are fewer and generally less severe when an IMF arrangement exists and that this form of quot …
Persistent link: https://www.econbiz.de/10012780109
Could a high-access, quick-disbursing %u201Cinsurance facility%u201D in the IMF help to reduce the incidence of sharp … conventional IMF-supported programs on the incidence of sudden stops. Correcting for the non-random assignment of programs, we find … that sudden stops are fewer and generally less severe when an IMF arrangement exists and that this form of %u201Cinsurance …
Persistent link: https://www.econbiz.de/10012780121
The rise of regional monetary arrangements poses a challenge for the International Monetary Fund (IMF)'s global … surveillance efforts. This paper reviews how the IMF has responded to earlier regional initiatives, from the European Payments …
Persistent link: https://www.econbiz.de/10013098292
The IMF attempts to stabilize private capital flows to emerging markets by providing public monitoring and emergency … when they are issued in conjunction with IMF-supported programs, as if the existence of a program conveyed positive … information to bondholders. The influence of IMF monitoring in bond markets is especially pronounced for countries vulnerable to …
Persistent link: https://www.econbiz.de/10005528172
The rise of regional monetary arrangements poses a challenge for the International Monetary Fund (IMF)'s global … surveillance efforts. This paper reviews how the IMF has responded to earlier regional initiatives, from the European Payments …
Persistent link: https://www.econbiz.de/10011278037