| Description |
1 online resource (iii, 36 pages) : illustrations |
| Series |
IMF working paper ; 95/74 |
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IMF working paper ; 95/74.
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| Summary |
Annotation This paper analyzes the initial conditions before Fund financial arrangements are adopted. Evidence from 324 Fund arrangements in 78 developing countries during 1973-91 indicates that there are important differences in the characteristics between program episodes and a control group. Program episodes exhibit weaker balance of payments, output growth, investment, external conditions and fiscal policy than the control group; they are also characterized by a higher degree of external indebtedness and inflation, and their exchange rates are more depreciated in both nominal and real terms. Only in the case of the growth rates of money and credit do the two groups appear to be statistically similar |
| Bibliography |
Includes bibliographical references (pages 35-36) |
| Notes |
Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002. http://purl.oclc.org/DLF/benchrepro0212 MiAaHDL |
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English |
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digitized 2010 HathiTrust Digital Library committed to preserve pda MiAaHDL |
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Print version record |
| Subject |
International Monetary Fund.
|
| SUBJECT |
International Monetary Fund fast |
| Subject |
Economic development projects -- Developing countries
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Debt relief -- Developing countries
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Balance of payments -- Developing countries
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Debts, External -- Developing countries
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Balance of payments
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Debt relief
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Debts, External
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Economic development projects
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Developing countries
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| Form |
Electronic book
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| Author |
International Monetary Fund. Research Department, issuing body.
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| ISBN |
1455291765 |
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9781455291762 |
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1281992895 |
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9781281992895 |
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1462362095 |
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9781462362097 |
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1455261602 |
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9781455261604 |
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9786613794819 |
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6613794813 |
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9781451849530 |
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1451849532 |
|
