IMF-Supported Programs and Crisis Prevention : An Analytical Framework

An Analytical Framework

IMF-Supported Programs and Crisis Prevention : An Analytical Framework
This paper presents an analytical framework for considering the role of IMF-supported programs in preventing crises, particularly capital account crises. The model builds upon the global games framework to establish a unique relationship between the crisis probability and the parameters of the program, which is assumed to be negotiated between... READ MORE...

Publication date: June 2006
ISBN 9781451864168
$15.00

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