Series: IMF Working Papers
Author(s): Selim Elekdag
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 October 2006
Keywords: prediction, IMF lending capacity, IMF income position, probability, current account, predictions, current account balance, credit tranches, Global Outlook, International Monetary Arrangements and Institutions
The main objective of this paper is to quantify the relationship between the global economic environment and the number of Stand-By Arrangements (SBAs). The results suggest that oil prices, world interest rates, an...