Strengthening IMF Crisis Prevention /

To better fulfill its crisis-prevention mandate, IMF surveillance needs to provide stronger incentives for countries to follow good policies and for markets to avoid boom-bust cycles in capital flows. To this end, surveillance should culminate in a summary public assessment of the quality of a count...

詳細記述

書誌詳細
第一著者: Ostry, Jonathan
その他の著者: Zettelmeyer, Jeromin
フォーマット: 雑誌
言語:English
出版事項: Washington, D.C. : International Monetary Fund, 2005.
シリーズ:IMF Working Papers; Working Paper ; No. 2005/206
オンライン・アクセス:Full text available on IMF
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520 3 |a To better fulfill its crisis-prevention mandate, IMF surveillance needs to provide stronger incentives for countries to follow good policies and for markets to avoid boom-bust cycles in capital flows. To this end, surveillance should culminate in a summary public assessment of the quality of a country's policies and stipulate the actions needed to address shortcomings. A country's potential access to IMF credits should be linked to the quality of its policies in noncrisis periods in order to create stronger incentives for better policies and reduce incentives for capital to flow where it cannot be used in socially beneficial ways. 
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700 1 |a Zettelmeyer, Jeromin. 
830 0 |a IMF Working Papers; Working Paper ;  |v No. 2005/206 
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