Consideration of a New Liquidity Instrument for Market Access Countries.

The objective of this paper is to consider key issues in the design of a new liquidity instrument for market access countries. It reviews the motivations and challenges of creating such an instrument and lays out options and issues related to four key design elements. Recognizing the need to conside...

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מחבר תאגידי: International Monetary Fund
פורמט: כתב-עת
שפה:English
יצא לאור: Washington, D.C. : International Monetary Fund, 2006.
סדרה:Policy Papers; Policy Paper ; No. 2006/016
גישה מקוונת:Full text available on IMF
תיאור
סיכום:The objective of this paper is to consider key issues in the design of a new liquidity instrument for market access countries. It reviews the motivations and challenges of creating such an instrument and lays out options and issues related to four key design elements. Recognizing the need to consider the relationship between these elements, the paper sets out an example of how they might be combined in a lending instrument - called here the Reserve Augmentation Line, or RAL. It also discusses risks.
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תיאור פיזי:1 online resource (20 pages)
פורמט:Mode of access: Internet
ISSN:2663-3493
גישה:Electronic access restricted to authorized BRAC University faculty, staff and students