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...
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Format: | Journal |
Language: | English |
Published: |
Washington, D.C. :
International Monetary Fund,
2003.
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Series: | IMF Working Papers; Working Paper ;
No. 2003/100 |
Online Access: | Full text available on IMF |