Assessing Loss of Market Access : Conceptual and Operational Issues /

Loss of market access (LMA) is a central element and an exacerbator of balance of payments and fiscal crises. This paper provides an operational definition of LMA, examines the predictive power of potential LMA leading indicators, attempts to determine the likely nature (temporary versus structural)...

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Detalles Bibliográficos
Autor principal: Guscina, Anastasia
Otros Autores: Malik, Sheheryar, Papaioannou, Michael
Formato: Revista
Lenguaje:English
Publicado: Washington, D.C. : International Monetary Fund, 2017.
Colección:IMF Working Papers; Working Paper ; No. 2017/246
Acceso en línea:Full text available on IMF
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245 1 0 |a Assessing Loss of Market Access :   |b Conceptual and Operational Issues /  |c Anastasia Guscina, Sheheryar Malik, Michael Papaioannou. 
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490 1 |a IMF Working Papers 
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520 3 |a Loss of market access (LMA) is a central element and an exacerbator of balance of payments and fiscal crises. This paper provides an operational definition of LMA, examines the predictive power of potential LMA leading indicators, attempts to determine the likely nature (temporary versus structural) of an LMA episode, and analyzes potential implications of such an assessment on the required degree of adjustment to restore market access. Finally, it highlights the possible application of the methodological framework for identifying emerging risks to market access. 
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700 1 |a Malik, Sheheryar. 
700 1 |a Papaioannou, Michael. 
830 0 |a IMF Working Papers; Working Paper ;  |v No. 2017/246 
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