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The IMF’s Preferred Creditor Status: Does It Still Make Sense After the Euro Crisis?
| Content Provider | Semantic Scholar |
|---|---|
| Author | Schadler, Susan M. |
| Copyright Year | 2014 |
| Abstract | • The justification of PCS holds up to scrutiny only if the IMF lends in support of adjustment programs that conform to the IMF's mandate: to promote policies that avoid measures destructive of national or international prosperity and catalyze private lending (or, in more dire circumstances, position the country to regain market access expeditiously). In the absence of clear adherence to these objectives, PCS can actually undermine the IMF's mandate, as it appears to have done in Greece. |
| File Format | PDF HTM / HTML |
| Alternate Webpage(s) | https://www.cigionline.org/sites/default/files/cigi_pb_37_1.pdf |
| Language | English |
| Access Restriction | Open |
| Content Type | Text |
| Resource Type | Article |