Post-Crisis Recovery : When Does Increased Fiscal Discipline Work? /

Emerging market financial crises during the late 1990s were marked by sudden withdrawals of funds by foreign creditors, resulting in production declines. The IMF favored positive signals to potential foreign creditors and initially recommended disciplined fiscal policy during the height of crisis, c...

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Bibliographic Details
Main Author: Mitra, Pritha
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2006.
Series:IMF Working Papers; Working Paper ; No. 2006/219
Online Access:Full text available on IMF