assess the capacity of the new EU-IMF economic adjustment programme to stabilize Greece’s external position, we utilize our … main drivers of Greece’s current account position in recent decades and, especially, in the years following the euro … determinants of Greece’s current account position. More specifically, the significant deterioration in the country’s current …

important implications for the IMF’s work in assessing crisis vulnerabilities. IMF surveillance work has been strengthened and …

agreement on an IMF-supported adjustment program. This span appears to have decreased over time. More precisely, we find that …

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 …

decade. The study draws principally from back ground papers that were prepared for the IMF staff’s annual consultation …

the IMF-supported program. Discussions with government officials and the business community highlighted the need for …