Keeping Capital Flowing : The Role of the IMF

The Role of the IMF

Keeping Capital Flowing : The Role of the IMF
In this paper, we examine the IMF's role in maintaining the access of emerging market economies to international capital markets. We find evidence that both macroeconomic aggregates and capital flows improve following the adoption of an IMF-supported program, although they may initially deteriorate somewhat. Consistent with theoretical... READ MORE...

Publication date: October 2004
ISBN 9781451860047
$15.00

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