Using panel data for 157 countries over the period 1999-2005 we empirically investigate the politics involved in IMF … find inflation forecasts are systematically biased downwards for countries with greater IMF loans outstanding relative to … GDP, indicating that the IMF engages in “defensive forecasting.” Countries with a fixed exchange rate regime also receive …

This paper examines the claim that the IMF catalyzes other capital flows. We identify a series of propositions based on … recent theoretical work, use a treatment effects model to deal with selection bias, and examine whether the IMF catalyzes …

solvency crises than subsidized IMF financing because of the negative moral hazard implications of the latter tool. And it …

, causing sharp falls in investment and output. It is wrong to blame the IMF for these calamitous outcomes. Nevertheless, the … strategy adopted by the IMF for dealing with the Asian crisis was partly responsible for the severity of the crisis. By calling …

Global Financial Crisis (GFC) has raised the role of the International Monetary Fund (IMF, Fund) as a lender of last … resort. Given that Romania, as well, has turned to the IMF to cushion the impact of the GFC, the article aims to explore … topical relations between Romania and the IMF: by revealing the sway of the IMF policies on the national economy. In order to …

ceilings on IMF loans, are all necessary components of a new and better crisis resolution framework. …

economic crisis that began in mid-2007 which are contained in the main publications of the IMF, the OECD and the BIS and …

cooperation between regional institutions and the International Monetary Fund (IMF). While the case for coordination between … appreciated. The relatively successful cooperation among the European Commission, European Central Bank, and IMF on the European … of coordination failure could be very large. Recent innovations at the IMF, on the other hand, present opportunities for …