Access to Market Financing for IDA-eligible Countries-the Role of External Debt and IMF-Supported Programs /

Exclusion restrictions used to identify demand and supply relationships for market financing among IDA recipients (past and present) show that poor credit ratings and high political instability adversely impact the supply of market finance. While the adverse effects of external debt on market access...

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Bibliographic Details
Main Author: Thomas, Alun
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2009.
Series:IMF Working Papers; Working Paper ; No. 2009/217
Online Access:Full text available on IMF