Arbeitspapier

The response speed of the International Monetary Fund

The more severe a financial crisis, the greater has been the likelihood of its management under an IMF-supported programme and the shorter the time from crisis onset to programme initiation. Political links to the United States have increased programme likelihood but have prompted faster response mainly for 'major'crises. Over time, the IMF's response has not been robustly faster, but the time sensitivity to the more severe crises and those related to fixed exchange rate regimes did increase from the mid-1980s. Similarly, democracies had tended to stall programme initiation but have become more supportive of financial markets' demands for quicker action.

Sprache
Englisch

Erschienen in
Series: Bruegel Working Paper ; No. 2013/03

Klassifikation
Wirtschaft
International Monetary Arrangements and Institutions
International Financial Markets
International Institutional Arrangements
Thema
IMF
Financial Crises
Democracy

Ereignis
Geistige Schöpfung
(wer)
Mody, Ashoka
Saravia, Diego
Ereignis
Veröffentlichung
(wer)
Bruegel
(wo)
Brussels
(wann)
2013

Handle
Letzte Aktualisierung
10.03.2025, 11:43 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Mody, Ashoka
  • Saravia, Diego
  • Bruegel

Entstanden

  • 2013

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