Showing 1 - 10 of 733
concessional and non-concessional IMF loans. -- IMF ; lending facilities ; extreme bounds analysis … arrangement with the IMF and the determinants of the financial size of such a program. Arguably the world and the global financial … architecture underwent structural changes after the ending of Cold War and so did the role of the IMF. Hence, we update and extend …
Persistent link: https://www.econbiz.de/10009270467
This paper investigates the dynamic aggregate response of firm investments to the approval of an IMF arrangement. Using …
Persistent link: https://www.econbiz.de/10014354411
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
In this paper, we examine the effect of IMF (imposed) programs on countries income inequality for the period 1963 … indicate an increase in income inequality. The effect of some targeted IMF programs shows no significant evidence on income …
Persistent link: https://www.econbiz.de/10012844571
International Monetary Fund (IMF) have aimed to consistently speak with one voice vis-agrave;-vis their member governments. However …
Persistent link: https://www.econbiz.de/10012728442
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
Over the past 40 years, the International Monetary Fund (IMF) has played a central role in the sovereign debt … stage of the sovereign debt restructuring process. It also identifies a number of issues that the IMF will likely have to … restructuring process. If the COVID-19 pandemic leads to a significant wave of sovereign debt distress, this role will be closely …
Persistent link: https://www.econbiz.de/10012826440
contribution the IMF makes and can make in its three areas of competence: surveillance, lending and technical assistance. The paper … adaptation (which includes building up resilience) and managing transition risks. The International Monetary Fund (IMF) is a … concludes that the IMF has significantly increased its engagement in climate change matters in recent years but should further …
Persistent link: https://www.econbiz.de/10013448096
resuming lending, even when the IMF intervenes. As long as default is avoided, IMF programs help a country signal its … Fund catalysis, than the size of IMF lending …Sovereign default is the switching state between successful and unsuccessful Fund catalysis. We find the IMF to be …
Persistent link: https://www.econbiz.de/10013067244
This study focuses on identifying the main factors that influenced country-specific and aggregate demand for IMF … concessional financing between 1986 and 2018 and makes within-period and out-of-period forecasts. We find that the external debt …
Persistent link: https://www.econbiz.de/10013243069