search query: @indexterm IMF / total: 166
reference: 19 / 166
| Author: | Boughton, J. M. |
| Title: | Northwest of Suez: the 1956 crisis and the IMF |
| Journal: | IMF Staff papers
2001 : VOL. 48:3, p. 425-446 |
| Index terms: | IMF Crises Egypt Middle East |
| Language: | eng |
| Abstract: | Egypt's nationalization of the Suez Canal in 1956 and the failed attempt by France, Israel, and the United Kingdom to retake it by force constituted a serious political crisis with significant economic consequences. This case study illustrates the complexities in isolating the current account as the basis for determining a balance of payments "need" and shows that the speculative attack on sterling - and the IMF's response to it - were remarkably similar to financial crises in the 1990s. |
SCIMA