Demand Projections for the Fund's Concessional Resources.

Projections of demand for concessional loans under the Poverty Reduction and Growth Trust (PRGT) are subject to a high degree of uncertainty. The Fund's financial support to low-income countries (LICs) is both cyclical and lumpy. Moreover, there are important structural changes underway that ar...

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Xehetasun bibliografikoak
Erakunde egilea: International Monetary Fund
Formatua: Aldizkaria
Hizkuntza:English
Argitaratua: Washington, D.C. : International Monetary Fund, 2011.
Saila:Policy Papers; Policy Paper ; No. 2011/019
Gaiak:
Sarrera elektronikoa:Full text available on IMF
Deskribapena
Gaia:Projections of demand for concessional loans under the Poverty Reduction and Growth Trust (PRGT) are subject to a high degree of uncertainty. The Fund's financial support to low-income countries (LICs) is both cyclical and lumpy. Moreover, there are important structural changes underway that are likely to affect the frequency, nature, and size of Fund concessional lending. As a result, simple extrapolations from historical lending volumes are misleading. This paper reviews factors underlying historical lending trends and develops a methodology that can narrow down the range of possible longer-term demand scenarios.
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Deskribapen fisikoa:1 online resource (14 pages)
Formatua:Mode of access: Internet
ISSN:2663-3493
Sartu:Electronic access restricted to authorized BRAC University faculty, staff and students