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...
Autore principale: | |
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Natura: | Periodico |
Lingua: | English |
Pubblicazione: |
Washington, D.C. :
International Monetary Fund,
1995.
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Serie: | IMF Working Papers; Working Paper ;
No. 1995/074 |
Accesso online: | Full text available on IMF |