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999 _c5376
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001 14968068
003 SESRIC
005 20180315211003.0
008 070815s2007 dcua b i000 0 eng d
010 _a 2007297568
020 _a9781589066076
020 _a1589066073
035 _a(OCoLC)ocn123424281
035 _a(OCoLC)123424281
040 _aDBI
_cDBI
_dCOD
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_dBAKER
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_dUAB
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042 _alccopycat
050 0 0 _aHG3890
_b.C68 2007
082 _220
_a332.450
_bCOU 2007
245 0 0 _aCountry insurance :
_bthe role of domestic policies /
_cTorbjörn Becker...[et. al.]
260 _aWashington, DC :
_bInternational Monetary Fund,
_c2007
300 _av, 36 p. :
_bill. (some col.) ;
_c28 cm.
490 1 _aOccasional paper ;
_v254
504 _aIncludes bibliographical references (p. 32-34).
505 2 _aIntroduction -- Insurance against what? : shocks and their costs -- Sound fundamentals and liability structures -- Self-insurance through international reserves -- Conclusion -- Appendex I. Data sources and definitions -- Appendix II. Behavior of different types of financial flow -- Appendix III. A model of optimal reserves.
520 _a"Countries face a range of shocks that can contribute to higher volatility in aggregate output and, in extreme cases, to economic crises. The presence of such risks underlies a potential demand for mechanism to soften the blow from adverse economic shocks. Such a protective infrastructure is referred to in this paper as "country insurance." Protective measures that countries can take themselves ("self-insurance") include sound economic policies, robust financial structures, and adequate reserve coverage. Beyond self-insurance, countries have also established regional arrangements that pool risks while, at the multilateral level, the IMF plays a central role through the temporary provision of its resources when shocks create balance of payments difficulties for a member, and through the policy advice it provides under surveillance. The Occasional paper focuses on what countries can do on their own -- that is, on the role of domestic policies -- with respect to country insurance."--Preface
650 0 _aBalance of payments
_zDeveloping countries.
_9298
650 0 _93604
_aÖdemeler dengesi
_zGelişmekte olan ülkeler.
700 1 _aBecker, Torbjörn
710 2 _aInternational Monetary Fund.
830 0 _aOccasional paper (International Monetary Fund) ;
_vno. 254.
856 4 1 _3Table of contents
_uhttp://www.loc.gov/catdir/toc/fy0801/2007297568.html
906 _a7
_bcbc
_ccopycat
_d2
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942 _2ddc
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