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Imfの融資制度ーアイスランド、ウクライナ、ラトビア、ハンガリーのケースをもとにして
[IMF Financing Systems-Based on the Cases of Iceland, Ukraine, Latvia, and Hungary]

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  • Shirai, Sayuri

Abstract

This paper analyzes mainly three issues regarding IMF functions: (1) IMF Financilg systems, (2) Changes in IMF conditionality since the East Asian crisis of 1997-98 and in the midst of the recent global financial crisis, and (3) IMF lending ability. In particular, this paper describes how the conditionality has been adjusted in reponse to strong criticim by the international community made after the East Asian crisis. Also, a detailed comparison is made between the East Asian crisis and the current crises in Iceland, Ukraine, Lativia and Hungary, with respect to IMf-supported problems and conditionality.

Suggested Citation

  • Shirai, Sayuri, 2009. "Imfの融資制度ーアイスランド、ウクライナ、ラトビア、ハンガリーのケースをもとにして [IMF Financing Systems-Based on the Cases of Iceland, Ukraine, Latvia, and Hungary]," MPRA Paper 14723, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:14723
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    References listed on IDEAS

    as
    1. Robert Dekle & Cheng Hsiao & Siyan Wang, 1999. "Interest rate stabilization of exchange rates and contagion in the Asian crisis countries," Proceedings, Federal Reserve Bank of San Francisco, issue Sep.
    2. Taimur Baig & Ilan Goldfajn, 2002. "Monetary Policy in the Aftermath of Currency Crises: The Case of Asia," Review of International Economics, Wiley Blackwell, vol. 10(1), pages 92-112, February.
    3. Miguel de Las Casas & Xavier Serra, 2008. "Simplification of IMF lending," Economic Bulletin, Banco de España, issue JAN, pages 155-168, January.
    4. Miguel de las Casas & Xavier Serra, 2008. "Simplification of IMF lending. Why not just one flexible credit facility?," Occasional Papers 0806, Banco de España.
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    More about this item

    Keywords

    IMF；コンディショナリティ；東アジア経済危機；世界経済危機；東欧・中央諸国;

    JEL classification:

    • F3 - International Economics - - International Finance
    • F33 - International Economics - - International Finance - - - International Monetary Arrangements and Institutions

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