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Estimating Demand For Imf Financing By Lowincome Countries In Response To Shocks 1st Edition Yasemin Balgunduz

  • SKU: BELL-51286478
Estimating Demand For Imf Financing By Lowincome Countries In Response To Shocks 1st Edition Yasemin Balgunduz
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Estimating Demand For Imf Financing By Lowincome Countries In Response To Shocks 1st Edition Yasemin Balgunduz instant download after payment.

Publisher: International Monetary Fund
File Extension: EPUB
File size: 2.18 MB
Pages: 57
Author: Yasemin Bal-Gunduz
ISBN: 9781452721804, 1452721807
Language: English
Year: 2009
Edition: 1

Product desciption

Estimating Demand For Imf Financing By Lowincome Countries In Response To Shocks 1st Edition Yasemin Balgunduz by Yasemin Bal-gunduz 9781452721804, 1452721807 instant download after payment.

This paper estimates factors affecting demand for Fund financing by Low-Income Countries (LICs) in response to policy and exogenous shocks. Various economic variables including reserve coverage, current account balance to GDP, real GDP growth, macroeconomic stability, and terms of trade shocks are found to be significant determinants of Fund financing. Moreover, global conditions, including changes in real oil and non-oil commodity prices and world trade, are also significant. Therefore, the demand for Fund financing by LICs is likely to be cyclical in response to common shocks with its intensity depending on the severity and persistence of adverse shocks.

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