Interest-Rate Policy and International Finance

Graham Bird

Chapter 7 in International Financial Policy and Economic Development, 1987, pp 131-149 from Palgrave Macmillan

Abstract: Abstract We have seen in earlier chapters, that the international financial system has been used both explicitly and implicitly to assist developing countries. Within the IMF, for instance, the General Account and the Special Drawing Account have provided significant amounts of finance for such countries. Indeed, special facilities within the Fund — the Compensatory Financing Facility, the Buffer Stock Financing Facility and the Extended Fund Facility — have been of perhaps principal benefit to developing countries.

Keywords: Interest Rate; Subsidy Scheme; International Development Association; World Interest Rate; Fund Finance (search for similar items in EconPapers)
Date: 1987
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-08579-8_7

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DOI: 10.1007/978-1-349-08579-8_7

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