Do IMF-Supported Programs Boost Private Capital Inflows? : The Role of Program Size and Policy Adjustment /

I analyze empirically whether program size (the size of financial assistance) and policy adjustment matter for the success of IMF-supported programs. I define a program as successful if the initial program projections for net private capital flows are met or exceeded. I find that success is negative...

Full description

Bibliographic Details
Main Author: Benelli, Roberto
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2003.
Series:IMF Working Papers; Working Paper ; No. 2003/231
Online Access:Full text available on IMF