THE LENDING ARRANGEMENTS OF THE IMF IN EUROPEAN UNION IN TIMES OF CRISIS – CHARACTERISTICS AND EVOLUTIONS

Ramona Orastean
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Ramona Orastean: Lucian Blaga University of Sibiu, Romania

Studies in Business and Economics, 2014, vol. 9, issue 1, 134-141

Abstract: This paper focuses on the lending arrangements of the IMF in EU countries during crisis period. First, we reviewed the literature regarding IMF-supported programs in times of crisis. On the other hand, we provided a description of the IMF arrangements in EU countries in 2008-2013. We found that these programs differ in type, duration, amount and conditionality, but not significantly in their key objectives (achieving sustainable public finances and ensuring financial sector stability).

Keywords: IMF lending arrangements; EU countries; crisis (search for similar items in EconPapers)
Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:blg:journl:v:9:y:2014:i:1:p:134-141

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