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...
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| Format: | Revue |
| Langue: | English |
| Publié: |
Washington, D.C. :
International Monetary Fund,
1995.
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| Collection: | IMF Working Papers; Working Paper ;
No. 1995/074 |
| Accès en ligne: | Full text available on IMF |