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Chapter 3. Financing Temporary Balance of Payments Needs

Chapter 3. Financing Temporary Balance of Payments Needs »

Source: International Monetary Fund Handbook : Its Functions, Policies, and Operations

Series: Manuals & Guides

Author(s): Parmeshwar Ramlogan , and Bernhard Fritz-Krockow

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 13 April 2007

ISBN: 9781589066250

Keywords: balance of payments, debt relief, standards, credit tranche, hipc initiative

According to Article I of the IMF’s Articles of Agreement, the purposes of the IMF include making the resources of the IMF temporarily available to member countries under adequate safeguards to provide an op...

Chapter 2. (Why) Should Current Account Balances Be Reduced?

Chapter 2. (Why) Should Current Account Balances Be Reduced? »

Source: Global Rebalancing : A Roadmap for Economic Recovery

Series: Books

Author(s): Hamid Faruqee , and Krishna Srinivasan

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 09 August 2013

ISBN: 9781475573664

Keywords: current account, public debt, public finances, fiscal consolidation, financial sector

This chapter looks to answer two complex questions. First, why might a country want to reduce its current account deficit or surplus? And second, why might the international community ask the country to do e...