The Fund’s Lending Facilities: Reforming the Compensatory Financing Facility and the Extended Fund Facility

Graham Bird

Chapter 5 in International Financial Policy and Economic Development, 1987, pp 93-107 from Palgrave Macmillan

Abstract: Abstract Whereas the previous chapter concentrated on the nature of IMF ‘high’ conditionality, this chapter examines the appropriate combination of high and low conditionality. Its principal function, however, is to look at some of the lending facilities of the Fund in a little more depth and to evaluate policies for reform. In particular, the chapter investigates the Compensatory Financing Facility and the Extended Fund Facility, although certain remarks are made concerning other Fund facilities.

Keywords: Current Account Balance; Export Earning; Buffer Stock; Target Change; Compensatory Financing (search for similar items in EconPapers)
Date: 1987
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-08579-8_5

Ordering information: This item can be ordered from
http://www.palgrave.com/9781349085798

DOI: 10.1007/978-1-349-08579-8_5

Access Statistics for this chapter

More chapters in Palgrave Macmillan Books from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().