IDEAS home Printed from https://ideas.repec.org/h/pal/palchp/978-1-349-15071-7_5.html
   My bibliography  Save this book chapter

A New Facility for the IMF?

In: Capital Account Regimes and the Developing Countries

Author

Listed:
  • John Williamson

Abstract

This chapter1 offers an assessment of the interests of developing countries in the proposal to create a new, fast-disbursing financing facility within the IMF. The idea of creating an ‘emergency’ facility to counter capital flows judged to be speculative and destabilizing harks back to an idea that was discussed in the Committee of Twenty (on international monetary reform) in the early 1970s. It was revived by Michel Camdessus in speeches in May and June 1994, and subsequent IMF Executive Board papers.

Suggested Citation

  • John Williamson, 1999. "A New Facility for the IMF?," Palgrave Macmillan Books, in: G. K. Helleiner (ed.), Capital Account Regimes and the Developing Countries, chapter 5, pages 184-195, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-15071-7_5
    DOI: 10.1007/978-1-349-15071-7_5
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Other versions of this item:

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Golder, Stefan M., 1999. "Precautionary credit lines: A means to contain contagion in financial markets?," Kiel Discussion Papers 341, Kiel Institute for the World Economy (IfW Kiel).

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pal:palchp:978-1-349-15071-7_5. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.palgrave.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.