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Keeping capital flowing the role of the IMF
| Content Provider | Library of Congress - Books/Printed Material |
|---|---|
| Author | Mody, Ashoka Bordo, Michael D. |
| Temporal Coverage | 2004 |
| Copyright Year | 2004 |
| Abstract | "In this paper, we examine the IMF's role in maintaining the access of emerging market economies to international capital markets. We find evidence that both macroeconomic aggregates and capital flows improve following the adoption of an IMF program, although they may initially deteriorate somewhat. Consistent with theoretical predictions and earlier empirical findings, we find that IMF programs are most successful in improving capital flows to countries with bad, but not very bad fundamentals. In such countries, IMF programs are also associated with improvements in the fundamentals themselves"--National Bureau of Economic Research web site. |
| Language | English |
| Publisher | National Bureau of Economic Research |
| Publisher Place | Cambridge, MA |
| Part of Series | Catalog |
| Requires | HTML5 supported browser |
| Access Restriction | Open |
| Subject Keyword | Capital Movements Economic Development International Monetary Fund |
| Subject Domain (in LCSH) | International Monetary Fund |
| Subject Domain (in LCSH) | Capital movements |
| Subject Domain (in LCSH) | Economic development |
| Subject Domain (in LCC) | HB1 |
| Content Type | Text |
| Resource Type | Book |
