01549cas a2200241 a 4500 AALejournalIMF010613 230101c9999 xx r poo 0 0eng d 15.00 USD 9781451974584 1020-7635 BD-DhAAL BD-DhAAL International Monetary Fund. Research Dept. IMF Staff Papers, Volume 47, No. 1. Washington, D.C. : International Monetary Fund, 2000. 1 online resource (168 pages) IMF Staff Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This paper discusses the origins of the pyramid schemes and the way the authorities handled them. The paper analyzes the economic effects of the pyramid schemes, concluding that despite the descent into anarchy triggered by the schemes' collapse, their direct effects on the economy are difficult to specify and appear to have been limited. The paper also argues that prevention of pyramid schemes is better than cure and that government and international financial institutions should be vigilant in clamping down on frauds. Mode of access: Internet IMF Staff Papers; IMF Staff Papers ; No. 2000/002 Full text available on IMF http://elibrary.imf.org/view/journals/024/2000/002/024.2000.issue-002-en.xml IMF e-Library