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

Download

Included in

Economics Commons

Share

COinS