search query: @indexterm DEVELOPING COUNTRIES / total: 1274
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| Author: | Mody, A. Saravia, D. |
| Title: | Catalysing private capital flows: do IMF programmes work as commitment devices? |
| Journal: | Economic Journal
2006 : JUL, VOL. 116:513, p. 843-867 |
| Index terms: | bonds developing countries imf policy |
| Language: | eng |
| Abstract: | This article discusses whether imf programmes influence the ability of developing country issues to tap international bond markets and if they improve spreads paid on the bonds issued. The results suggest imf programmes to be positive and likely to lead to policy reform. |
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