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This paper proposes that international rescue financing should not be provided to a country where...

The effects of unanticipated movements in global risk on nine emerging bond markets are...

I analyze empirically whether program size (the size of financial assistance) and policy...

Building on the substantial progress made in establishing fiscal systems consistent with market...

This report evaluates the role of the IMF in three capital account crises, in Indonesia...

IMF lending is conditional on a country's commitment to carry out an agreed program of economic...