Can I read Sudden Stops and IMF-Supported Programs on EtoBox?

Sudden Stops and IMF-Supported Programs by Ashoka Mody; Poonam Gupta; Barry J. Eichengreen is a nonfiction available to read on EtoBox.

What is Sudden Stops and IMF-Supported Programs about?

Could a high-access, quick-disbursing "insurance facility" in the IMF help to reduce the incidence of sharp interruptions in capital flows ("sudden stops")? We contribute to the debate around this question by analyzing the impact of conventional IMF-supported programs on the incidence of sudden stops. Correcting for the non-random assignment of programs, we find that sudden stops are fewer and generally less severe when an IMF arrangement exists and that this form of "insurance" works best for countries with strong fundamentals. In contrast there is no evidence that a Fund-supported program attenuates the output effects of capital account reversals if these nonetheless occur

Who reads Sudden Stops and IMF-Supported Programs?

Author

Ashoka Mody; Poonam Gupta; Barry J. Eichengreen

Publisher

International Monetary Fund, European Dept

Published

2006

Language

EN

ISBN

9781282413764

Category

nonfiction

Subjects

Finance, Business