Series: IMF Working Papers
Author(s): Jonathan Ostry , and Jeronimo Zettelmeyer
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 November 2005
Keywords: IMF surveillance, capital markets, crisis lending, financial crises, capital inflows, International Economic Order, International Monetary Arrangements and Institutions, International Lending and Debt Problems,
To better fulfill its crisis-prevention mandate, IMF surveillance needs to provide stronger incentives for countries to follow good policies and for markets to avoid boom-bust cycles in capital flows. To this end,...