Access Policy in Capital Account Crises.

The Fund's decisions to lend to member countries in amounts well above the access limits for Mexico (1995), and since then, have raised important questions about the role of the Fund in crisis resolution and the appropriate size of Fund access in capital account crises. This paper reviews past...

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Bibliographic Details
Corporate Author: International Monetary Fund
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2002.
Series:Policy Papers; Policy Paper ; No. 2002/032
Online Access:Full text available on IMF
Description
Summary:The Fund's decisions to lend to member countries in amounts well above the access limits for Mexico (1995), and since then, have raised important questions about the role of the Fund in crisis resolution and the appropriate size of Fund access in capital account crises. This paper reviews past experience in exceptional access cases and considers strengthened conditions, procedures and safeguards for guiding decisions on Fund programs in these exceptional circumstances where Fund financing above normal access limits may be appropriate.
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Physical Description:1 online resource (51 pages)
Format:Mode of access: Internet
ISSN:2663-3493
Access:Electronic access restricted to authorized BRAC University faculty, staff and students