Catalyzing Capital Flows : Do IMF-Supported Programs Work As Commitment Devices? /

An objective of IMF-supported programs is to help countries improve their access to international capital markets. In this paper, we examine the issue whether IMF-supported programs influence the ability of developing country issuers to tap international bond markets and whether they improve spreads...

Full description

Bibliographic Details
Main Author: Saravia, Diego
Other Authors: Mody, Ashoka
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2003.
Series:IMF Working Papers; Working Paper ; No. 2003/100
Online Access:Full text available on IMF