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CHAPTER 11 International Bailouts, Moral Hazard, and Conditionality »
Chapter
Source: IMF-Supported Programs : Recent Staff Research
Series: Seminar Volumes
Author(s): Alessandro Rebucci , and Ashoka Mody
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 03 April 2006
ISBN: 9781589063617
Keywords: International Monetary Fund, current account, capital flows, private capital, private capital flows, conditionality
Introduction The 1990s have seen international official crisis lending of unprecedented size (Table 1). Advocates justified these bailouts as a form of international financial safety...
CHAPTER 2 IMF Programs and Growth: Is Optimism Defensible? »
Chapter
Source: IMF-Supported Programs : Recent Staff Research
Series: Seminar Volumes
Author(s): Alessandro Rebucci , and Ashoka Mody
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 03 April 2006
ISBN: 9781589063617
Keywords: International Monetary Fund, current account, capital flows, private capital, private capital flows, conditionality
Introduction IMF-supported programs are often described by those on the left as creating hardships on the population because they are said to be “too tight” (Stiglitz, 2002). Those o...
CHAPTER 5 Fiscal Policy, Expenditure Composition, and Growth in Low-Income Countries »
Chapter
Source: IMF-Supported Programs : Recent Staff Research
Series: Seminar Volumes
Author(s): Alessandro Rebucci , and Ashoka Mody
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 03 April 2006
ISBN: 9781589063617
Keywords: International Monetary Fund, current account, capital flows, private capital, private capital flows, conditionality
Introduction A large body of empirical research supports the notion that healthy budgetary balances are, over the long run, good for growth (Easterly, Rodriguez, and Schmidt-Hebbel,...