Source: IMF Conditionality : Experience Under Stand-by and Extended Arrangements, Part I: Key Issues and Findings
Series: Occasional Papers
Author(s): Louis Dicks-Mireaux , Miguel Savastano , Adam Bennett , María Carkovic S. , Mauro Mecagni , James John , and Susan Schadler
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 26 September 1995
Keywords: inflation, terms of trade, capital inflows, exchange rate, real interest rates
Almost without exception, the initial positions of the countries under review were dire. Most were suffering the effects of long-standing institutional and structural weaknesses, fiscal excesses, and deficie...