Access to Market Financing for IDA-eligible Countries-the Role of External Debt and IMF-Supported Programs

Access to Market Financing for IDA-eligible Countries-the Role of External Debt and IMF-Supported Programs
Exclusion restrictions used to identify demand and supply relationships for market financing among IDA recipients (past and present) show that poor credit ratings and high political instability adversely impact the supply of market finance. While the adverse effects of external debt on market access occur at very high levels for IDA-eligible... READ MORE...

Publication date: October 2009
ISBN 9781451873641
$18.00

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