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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Bibliografske podrobnosti
Glavni avtor: Santaella, Julio
Format: Revija
Jezik:English
Izdano: Washington, D.C. : International Monetary Fund, 1995.
Serija:IMF Working Papers; Working Paper ; No. 1995/074
Online dostop:Full text available on IMF