From Suez to Tequila : The IMF As Crisis Manager /

The IMF was established in 1944 in part to 'give confidence' to member countries by providing short-term credits. Although the intention was that the availability of the Fund's resources should prevent countries from experiencing financial crises, in practice the institution often has...

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Chi tiết về thư mục
Tác giả chính: Boughton, James
Định dạng: Tạp chí
Ngôn ngữ:English
Được phát hành: Washington, D.C. : International Monetary Fund, 1997.
Loạt:IMF Working Papers; Working Paper ; No. 1997/090
Truy cập trực tuyến:Full text available on IMF
Miêu tả
Tóm tắt:The IMF was established in 1944 in part to 'give confidence' to member countries by providing short-term credits. Although the intention was that the availability of the Fund's resources should prevent countries from experiencing financial crises, in practice the institution often has found itself helping its members cope with crises after they occur. This paper examines how the role of the IMF as crisis manager has evolved over time, from its earliest loans to the exchange crisis that hit Mexico in December 1994. It argues that the defining moment for this role was the international debt crisis of 1982.
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Mô tả vật lý:1 online resource (24 pages)
Định dạng:Mode of access: Internet
số ISSN:1018-5941
Truy cập:Electronic access restricted to authorized BRAC University faculty, staff and students