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II The Setting for Adjustment: Initial Positions and Global Environment

II The Setting for Adjustment: Initial Positions and Global Environment »

Source: IMF Conditionality : Experience Under Stand-by and Extended Arrangements, Part I: Key Issues and Findings

Series: Occasional Papers

Author(s): Louis Dicks-Mireaux , Miguel Savastano , Adam Bennett , María Carkovic S. , Mauro Mecagni , James John , and Susan Schadler

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 26 September 1995

ISBN: 9781557754929

Keywords: inflation, terms of trade, capital inflows, exchange rate, real interest rates

Almost without exception, the initial positions of the countries under review were dire. Most were suffering the effects of long-standing institutional and structural weaknesses, fiscal excesses, and deficie...

V Global Effects of Changes in Exchange Rates of Program Countries

V Global Effects of Changes in Exchange Rates of Program Countries »

Source: The Global Effects of Fund-Supported Adjustment Programs

Series: Occasional Papers

Author(s): Morris Goldstein

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 19 March 1986

ISBN: 9780939934577

Keywords: export prices, exchange rate, world trade, world exports, total exports

Nowhere perhaps have “aggregation effects” been so long recognized and so much discussed as in the context of simultaneous exchange rate action by primary-producing countries. 47...