Fund-Supported Programs and Crisis Prevention.
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,...
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| Format: | Czasopismo |
| Język: | English |
| Wydane: |
Washington, D.C. :
International Monetary Fund,
2006.
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| Seria: | Policy Papers; Policy Paper ;
No. 2006/012 |
| Dostęp online: | Full text available on IMF |