IMF-Supported Programs and Crisis Prevention : An Analytical Framework /

This paper presents an analytical framework for considering the role of IMF-supported programs in preventing crises, particularly capital account crises. The model builds upon the global games framework to establish a unique relationship between the crisis probability and the parameters of the progr...

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Bibliographic Details
Main Author: Kim, Jun
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2006.
Series:IMF Working Papers; Working Paper ; No. 2006/156
Online Access:Full text available on IMF