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01485cas a2200241 a 4500 |
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AALejournalIMF019931 |
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|c 5.00 USD
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|z 9781498332859
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|a 2663-3493
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|a BD-DhAAL
|c BD-DhAAL
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|a International Monetary Fund.
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|a Fund-Supported Programs and Crisis Prevention.
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|a Washington, D.C. :
|b International Monetary Fund,
|c 2006.
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|a 1 online resource (32 pages)
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|a Policy Papers
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|a <strong>Off-Campus Access:</strong> No User ID or Password Required
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|a <strong>On-Campus Access:</strong> No User ID or Password Required
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|a Electronic access restricted to authorized BRAC University faculty, staff and students
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|a This paper examines the theoretical foundations for, and empirical evidence of, Fund support in preventing capital account crises. At a theoretical level, Fund supported programs can lower the crisis probability in two ways. First, such programs provide the member with additional external reserves, making a run for the exit by private creditors less likely. Second, such programs induce and signal better economic policies, though this needs to be supported by conditionality.
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|a Mode of access: Internet
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|a Policy Papers; Policy Paper ;
|v No. 2006/012
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| 856 |
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|z Full text available on IMF
|u http://elibrary.imf.org/view/journals/007/2006/012/007.2006.issue-012-en.xml
|z IMF e-Library
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