Showing 1 - 10 of 1,567
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 …
Persistent link: https://www.econbiz.de/10010397304
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 …
Persistent link: https://www.econbiz.de/10003901587
provide a comprehensive database covering four elements of the GFSN (foreign exchange reserves, IMF financing, central bank …
Persistent link: https://www.econbiz.de/10011565481
This paper provides an empirical evaluation of the Flexible Credit Line (FCL), the IMF's prime precautionary lending …
Persistent link: https://www.econbiz.de/10011665227
This paper examines the role of IMF-supported programs in crisis prevention; specifically, whether, conditional on an … episode of intense market pressures, IMF financial support helps prevent a capital account crisis from developing and, if so …, through what channels. In doing so, the paper distinguishes between the seal of approval inherent in IMF support and its …
Persistent link: https://www.econbiz.de/10012780259
Financial liberalization and integration have generated disappointing results. They were supposed to set up a win-win situation: capital would flow from capital-abundant, low-return, aging industrial countries to capital-scarce, high-return, young emerging countries. Growth in receiving...
Persistent link: https://www.econbiz.de/10014150222
The increased globalisation over the last 20 years has made effective global economic governance more important than ever. This period has witnessed the rise of a number of new international governance actors, such as the Group of Twenty (G-20) and the Financial Stability Board. The paper...
Persistent link: https://www.econbiz.de/10014154016
This paper considers policies of the industrialized countries, as they pertain to crises in emerging markets. These fall into three areas: (1) their own macroeconomic policies, which determine the global financial environment; (2) their role in responding to crises when they occur, particularly...
Persistent link: https://www.econbiz.de/10014116854
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 …
Persistent link: https://www.econbiz.de/10009667234
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 …
Persistent link: https://www.econbiz.de/10013098083