01750cas a2200253 a 4500 AALejournalIMF017241 230101c9999 xx r poo 0 0eng d 5.00 USD 9781475554823 1018-5941 BD-DhAAL BD-DhAAL Oeking, Anne. Arrears to the IMF : A Ghost of the Past? / Anne Oeking, Mariusz Sumlinski. Washington, D.C. : International Monetary Fund, 2016. 1 online resource (40 pages) IMF Working 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 In this paper, we consider incidences of arrears to the IMF, focusing on protracted arrears cases and attempt to identify determinants of their occurrence. We use narrative and formal methods. In addition, we analyze determinants of the duration of arrears. We find that previous arrears, reserves coverage, and institutional quality are among the main determinants of arrears. In addition, we identify a role for political developments, including civil unrest, which make arrears more likely to arise and to last longer. We conclude that improved macroeconomic conditions and turnaround of political fortunes would help to clear the currently remaining protracted arrears cases. Mode of access: Internet Sumlinski, Mariusz. IMF Working Papers; Working Paper ; No. 2016/225 Full text available on IMF http://elibrary.imf.org/view/journals/001/2016/225/001.2016.issue-225-en.xml IMF e-Library