Vulnerabilities in a Maturing Credit Cycle
The April 2019 GFSR finds that despite significant variability over the past two quarters, financial conditions remain accommodative.
Source: Order in international Finance, the promotion of IMF Stand-By Arrangements, and the Drafting of Priv Loan Agreements
Series: Pamphlet Series
Author(s): International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 04 January 1982
Order in international finance is not a problem confined to members that are in difficulties because of their weak balance of payments or reserve position. The problem involves members in surplus as well, bu...