Showing 21,841 - 21,850 of 22,059
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 …
Persistent link: https://www.econbiz.de/10005406130
The International Monetary Fund (IMF) has played an important role in restructuring the Korean economy over the past … three years. Relying upon survey data collected in 1998 and 1999, this paper explores the role of the IMF in Korea, as … perceived by its citizens. In the eyes of the Korean people, the IMF helped their economy to recover from the crisis. However …
Persistent link: https://www.econbiz.de/10005407713
This article analyzes whether and to what extent reliance on conditionality is appropriate to guarantee the revolving character of Fund resources. The paper presents theoretical arguments in favour of conditionality, and those against the use of conditions. It summarizes the track record of...
Persistent link: https://www.econbiz.de/10005731508
By examining the Fund's views about macroeconomic stability, the effectiveness of IMF-supported stabilization programs …, and Turkey's macroeconomic policies, this paper demonstrates that both the IMF and Turkey share the responsibility for the … programs from the IMF despite the overall lack of implementation of the Fund's conditionality may be consistent with the …
Persistent link: https://www.econbiz.de/10005753581
We consider some of the implications of a proposed reform of the voting system of the IMF in which EU countries cease …. Using voting power analysis we show that the reform could be very beneficial for the governance of the IMF, enhancing the …
Persistent link: https://www.econbiz.de/10005583011
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Persistent link: https://www.econbiz.de/10005583621
Drawing on recent research, this study elaborates on the role of the IMF in support of its lowincome members, pointing … financial institution, an information provider, and a commitment device. The IMF assists low-income members through a range of … building. The study reviews the features of IMF policies towards its low-income membership and points to the main challenges to …
Persistent link: https://www.econbiz.de/10005599367
tools – the Project Management System, a logical framework methodology that the IMF Statistics Department uses to plan …
Persistent link: https://www.econbiz.de/10005599593
The international monetary system is largely the product of negotiations during World War II between U.S. and U.K. officials, led respectively by Harry Dexter White and John Maynard Keynes. The design of the system, especially the International Monetary Fund, reflects the U.S. plan much more...
Persistent link: https://www.econbiz.de/10005604817
This paper finds that reforms introduced by the IMF to promote transparency have created more informed markets and …-stage least squares to address any endogeneity in the timing of reforms exploiting internal IMF timetables that are unrelated to … following publication of IMF country documents. …
Persistent link: https://www.econbiz.de/10005604837