Should the IMF resort to private credit markets for refinancing? |
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Authors: | Anton Konrad |
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Institution: | 1. University of Munich, Munich
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Abstract: | The International Monetary Fund is at present examining the possibility of borrowing on private capital markets in order to meet its growing refinancing needs. Reservations concerning such a step have been voiced in particular by the oil-importing developing countries. Professor Konrad analyses the pros and cons. |
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