"Ability of the IMF-CFF to stabilize export earnings" by David Lim
 

Document Type

Journal Article

Publication Date

1987

Keywords

Export earnings, Forecast

Abstract

Finger and Dceosa (1980)1 have shown that the International Monetary Fund's Compensatory Financing Facility (IMF-CFF) did not succeed in reducing the export earnings instability of 71 participating countries over the period 1963-1977. In fact, the IMF-CFF increased, rather than decreased, the export instability of 35 of the 62 participating developing countries, and of 5 of the 9 participating developed countries. Finger and Derosa identified four features of the IMF-CFF which could have reduced its effectiveness in stabilizing export earnings...

Source Publication

Journal of World Trade

Volume Number

21

Issue Number

5

ISSN

1011-6702

First Page

91

Last Page

95

Included in

Economics Commons

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