Country Insurance /

In this paper, we examine how the presence of country insurance schemes affects policymakers' incentives to undertake reforms. Such schemes (especially when made contingent on negative external shocks) are more likely to foster than to delay reform in crisis-prone volatile economies. The conseq...

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Detalhes bibliográficos
Autor principal: Levy Yeyati, Eduardo
Outros Autores: Cordella, Tito
Formato: Periódico
Idioma:English
Publicado em: Washington, D.C. : International Monetary Fund, 2004.
Colecção:IMF Working Papers; Working Paper ; No. 2004/148
Acesso em linha:Full text available on IMF