Arbeitspapier
What Do We Know About the Global Financial Safety Net? A New Comprehensive Data Set
This paper critically reviews the theoretical basis for the provision of the global financial safety net (GFSN) and provide a comprehensive database covering four elements of the GFSN (foreign exchange reserves, IMF financing, central bank swap lines and regional financing arrangements) for over 150 countries in the sample period 1960-2015. This paper also presents some key stylised facts regarding the provision of GFSN financing and compares macroeconomic outcomes in capital flow reversal episodes depending on how much GFSN financing was available to countries. Finally, this paper concludes with some avenues for further research on the possible evolution of the GFSN.
- Sprache
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Englisch
- Erschienen in
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Series: CESifo Working Paper ; No. 6184
- Klassifikation
-
Wirtschaft
Current Account Adjustment; Short-term Capital Movements
International Monetary Arrangements and Institutions
International Lending and Debt Problems
Financial Crises
International Fiscal Issues; International Public Goods
- Thema
-
global financial safety net
financial integration
financial globalisation
IMF
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Scheubel, Beatrice D.
Stracca, Livio
- Ereignis
-
Veröffentlichung
- (wer)
-
Center for Economic Studies and ifo Institute (CESifo)
- (wo)
-
Munich
- (wann)
-
2016
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:44 MEZ
Datenpartner
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Objekttyp
- Arbeitspapier
Beteiligte
- Scheubel, Beatrice D.
- Stracca, Livio
- Center for Economic Studies and ifo Institute (CESifo)
Entstanden
- 2016