Four Decades of Fund Arrangements : Macroeconomic Stylized Facts Before the Adjustment Programs /

This paper analyzes the initial conditions before Fund financial arrangements are adopted. Evidence from 324 Fund arrangements in 78 developing countries during 1973-91 indicates that there are important differences in the characteristics between program episodes and a control group. Program episode...

Täydet tiedot

Bibliografiset tiedot
Päätekijä: Santaella, Julio
Aineistotyyppi: Aikakauslehti
Kieli:English
Julkaistu: Washington, D.C. : International Monetary Fund, 1995.
Sarja:IMF Working Papers; Working Paper ; No. 1995/074
Linkit:Full text available on IMF