Order in international Finance, the promotion of IMF Stand-By Arrangements, and the Drafting of Priv Loan Agreements.

This paper discusses the promotion of IMF Stand-By Arrangements (SBAs), the drafting of private loan agreements, and order in international finance. The IMF approves a SBA or an extended arrangement for the benefit of a member country of the IMF only if the member presents to the IMF a letter of int...

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Ente Autore: International Monetary Fund
Natura: Periodico
Lingua:English
Pubblicazione: Washington, D.C. : International Monetary Fund, 1982.
Serie:Pamphlet Series
Soggetti:
Accesso online:Full text available on IMF
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Riassunto:This paper discusses the promotion of IMF Stand-By Arrangements (SBAs), the drafting of private loan agreements, and order in international finance. The IMF approves a SBA or an extended arrangement for the benefit of a member country of the IMF only if the member presents to the IMF a letter of intent in which it sets forth a program of financial and economic adjustment that is likely to solve a present, or to fend off a possible balance-of-payments or reserve problem. A purchase is made in return for the purchasing member's currency. An extended arrangement is a variant that is in use for the purposes of a particular policy of the IMF.
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Descrizione fisica:1 online resource (64 pages)
Natura:Mode of access: Internet
ISSN:0538-8759
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