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The paper identifies key features of International Monetary Fund (IMF)-supported programs following the 2008 global financial crisis. The statistical analysis of a large sample of countries that borrowed from the IMF during 1997-2013 indicates that, compared to the amount of financing provided...
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There is a perception that IMF programmes are not catalytic and instead associated with large capital outflows, higher refinancing costs for sovereigns and adverse movements in stock markets. This has led to concerns that an expectation of adverse effects of IMF programmes may deter countries...
Persistent link: https://www.econbiz.de/10011846238
Desde o princípio da crise econômica mundial, em 2007, o FMI tem atuado em diversas frentes para mobilizar apoio a seus 188 países membros. O Fundo ampliou a oferta e concessão de crédito, valeu-se de sua experiência internacional para sugerir soluções e empreendeu reformas que o...
Persistent link: https://www.econbiz.de/10013085835
Desde el estallido de la crisis económica mundial en 2007, el FMI se ha movilizado en numerosos frentes para brindar respaldo a sus 188 países miembros. Incrementó y desplegó la potencia de fuego de sus préstamos, aprovechó su experiencia en diferentes países para ofrecer soluciones de...
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