Consideration of a New Liquidity Instrument for Market Access Countries
The objective of this paper is to consider key issues in the design of a new liquidity instrument for market access countries.
READ MORE...
Volume/Issue:
Volume 2006
Issue 016
Publication date:
ISBN:
Add to Cart by clicking price of the language and format you'd like to purchase
Available Languages and Formats
Topics covered in this book
This title contains information about the following subjects.
Click on a subject if you would like to see other titles with the same subjects.
Exports and Imports , Finance , PP , fund financing , fund liquidity , capital account , commitment fee , financing instrument , Medium-Term Strategy , RAL framework , liquidity support , follow-on RAL , financing framework , liquidity instrument , RAL policy , Fund instrument , B , fund liquidity , The Fund's commitment fee structure , Liquidity , Capital account crisis , Balance of payments need , Moral hazard , Emerging and frontier financial markets , Global
Also of interest
Summary
The objective of this paper is to consider key issues in the design of a new liquidity instrument for market access countries. It reviews the motivations and challenges of creating such an instrument and lays out options and issues related to four key design elements. Recognizing the need to consider the relationship between these elements, the paper sets out an example of how they might be combined in a lending instrument – called here the Reserve Augmentation Line, or RAL. It also discusses risks.
Copyright © 2010 - 2025
Powered by:
AIDC
