Franklin

From Suez to Tequila [electronic resource] : The IMF As Crisis Manager, Boughton, James M..

Author/Creator:
Boughton, James M.
Publication:
Washington, D.C. : International Monetary Fund, 1997.
Series:
IMF eLibrary
IMF Working Papers; Working Paper No. 97/90.
IMF Working Papers; Working Paper No. 97/90
Format/Description:
Government document
Book
1 online resource (24 p.)
Local subjects:
Balance of payments.
Capital controls.
Capital exports.
Capital flows.
Capital inflows.
Capital market.
Capital markets.
Capital outflows.
Capital transactions.
Central bank.
Central banks.
Commercial creditors.
Commodity prices.
Credit tranche.
Credit tranches.
Currency crises.
Current account.
Current account balance.
Current account deficit.
Current account deficits.
Current account surplus.
Current account surpluses.
Debt crisis.
Debt management.
Debt overhang.
Debt relief.
Debt service.
Debt strategy.
Debt-relief.
Domestic currency.
Exogenous shocks.
External borrowing.
External debt.
External debt service.
External debts.
External financing.
Global capital market.
Heavily indebted countries.
Highly indebted country.
Indebted countries.
Indebted country.
International capital markets.
International debt.
Liquidity crises.
Moral hazard.
Official creditors.
Private capital.
Private capital flows.
Private capital markets.
Private creditors.
Risk aversion.
Short-term capital.
Speculative capital.
Volatile capital.
Volatile capital flows.
Mexico.
Summary:
The IMF was established in 1944 in part to “give confidence” to member countries by providing short-term credits. Although the intention was that the availability of the Fund’s resources should prevent countries from experiencing financial crises, in practice the institution often has found itself helping its members cope with crises after they occur. This paper examines how the role of the IMF as crisis manager has evolved over time, from its earliest loans to the exchange crisis that hit Mexico in December 1994. It argues that the defining moment for this role was the international debt crisis of 1982.
Notes:
Description based on print version record.
Contributor:
Boughton, James M.
Other format:
Print Version:
ISBN:
1451952007:
9781451952001
ISSN:
1018-5941
Publisher Number:
10.5089/9781451952001.001
Access Restriction:
Restricted for use by site license.
Location Notes Your Loan Policy
Description Status Barcode Your Loan Policy