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 …

This paper discusses, in a very general way, a system of IMF insurance against sovereign default that could be offered … could be priced is also discussed in an appendix. Private lender membership in the IMF is also discussed. This would provide … the IMF with some of the powers that central banks now have. -- Sovereign debt ; insurance ; option value ; IMF …

either an international medium of exchange or a reserve currency. The International Monetary Fund (IMF) has changed its …

either an international medium of exchange or a reserve currency. The International Monetary Fund (IMF) has changed its …

either an international medium of exchange or a reserve currency. The International Monetary Fund (IMF) has changed its …

, as the needs of its clients and the type of crisis changed substantially over time. Some deceptively "new" IMF activities … are not entirely new. Before emerging market economies dominated IMF programs, advanced economies were its earliest (and … largest) clients through the 1970s. While currency problems were the dominant trigger of IMF involvement in the earlier …

that multilateral institutions and fora such as the IMF and the G20 need to take the initiative to set incentives for …

Recent discussions at the IMF and the G-20 on strengthening the international monetary system have emphasized, among …

This study focuses on identifying the main factors that influenced country-specific and aggregate demand for IMF …