Finance and Development, September 1984.

This paper examines the impact of the World Bank on the financial markets and developing countries. The sound financial structure of the Bank rests on its conservative loan-to-capital ratio. Its large liquidity is an assurance to investors in Bank bonds that their investments are assured of liquidit...

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Autor corporatiu: International Monetary Fund. External Relations Dept
Format: Revista
Idioma:English
Publicat: Washington, D.C. : International Monetary Fund, 1984.
Col·lecció:Finance and Development; Finance and Development ; No. 0021/003
Accés en línia:Full text available on IMF
Descripció
Sumari:This paper examines the impact of the World Bank on the financial markets and developing countries. The sound financial structure of the Bank rests on its conservative loan-to-capital ratio. Its large liquidity is an assurance to investors in Bank bonds that their investments are assured of liquidity in case the need arises. To cope with their payments difficulties, the heavily indebted developing countries have adopted more cautious fiscal and monetary policies, limited wage increases, and reduced domestic consumption and investment.
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Descripció física:1 online resource (56 pages)
Format:Mode of access: Internet
ISSN:0145-1707
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