A Model of the Imf As a Coinsurance Arrangement

A Model of the Imf As a Coinsurance Arrangement
The paper shows that a coinsurance arrangement among countries can, in principle, play a useful role in helping countries bear the risks involved in developing their economies and integrating into the global financial system. The operation of the coinsurance arrangement is examined under different loan contracts offered by the IMF. The analysis... READ MORE...

Publication date: November 2004
ISBN 9781451875201
$15.00

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