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Malawi; Request for a One-Year Exogenous Shocks Facility Arrangement: Staff Report; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Mal...

International Monetary Fund (IMF); International … - 2009

This paper discusses a request from Malawi for a one-year exogenous shocks facility (ESF) arrangement to help it adjust to the large terms-of-trade shock it has suffered. Real GDP growth of Malawi has been high and is expected to remain solid. Inflation, though rising in recent months, is still...

Persistent link: https://www.econbiz.de/10011243839

What the euro crisis means for taxpayers and the U.S. economy

Dudley, William C. - In: Speech (2011) Dec. 16

Testimony before the Subcommittee on TARP, Financial Services and Bailouts of Public and Private Programs, Committee on …

Persistent link: https://www.econbiz.de/10009395288

What the euro crisis means for taxpayers and the U.S. economy

Dudley, William C. - Federal Reserve Bank of New York - 2011

Testimony before the Subcommittee on TARP, Financial Services and Bailouts of Public and Private Programs, Committee on …

Persistent link: https://www.econbiz.de/10010725013

Selective sovereign defaults

Erce, Aitor - Federal Reserve Bank of Dallas - 2012

Breaches in intercreditor equity are common ground during sovereign debt restructurings. In this paper I explore residence-based breaches by studying patterns of discrimination between residents and foreign creditors during debt restructurings. I frame the analysis with a simple model of a...

Persistent link: https://www.econbiz.de/10010583480

Sovereign lending gone wrong : who bears the costs?

Schraner, Ingrid; Emerging Financial Markets and … - University of Western Sydney; University of Western Sydney; … - 2004

This exploratory issue paper begins with a statement by Joseph Stiglitz, Nobel Laureate in Economic Sciences, which outlines what a well-functioning global financial system would achieve, followed by his dry statement that the current global financial system does none of these things. The paper...

Persistent link: https://www.econbiz.de/10009482147