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Original Articles

The IMF's role in mobilizing private capital flows: are there grounds for catalytic conversion?

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Pages 1705-1708 | Published online: 14 Feb 2008

References

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  • Bird , G. and Rowlands , D. 2005 . “ Can we explain the pattern of IMF lending ” . In Globalization and the Nation State: The Impact of the IMF and the World Bank , Edited by: Ranis , G. , Vreeland , J. and Kosack , S. London : Routledge .
  • Corsetti , G. , Guimaraes , B. and Roubini , N. 2003 . International lending of last resort and moral hazard: a model of IMF catalytic finance . Journal of Monetary Economics , 53 : 441 – 71 .
  • Cottarelli, C. and Giannini, C. (2002) Bedfellows, hostages or perfect strangers? Global capital markets and the catalytic effect of IMF crisis lending, IMF Working Paper 02/193, IMF, Washington DC
  • Edwards , M. 2006 . Signalling credibility? The IMF and catalytic finance . Journal of International Relations and Development , 9 : 27 – 52 .
  • Mody , A. and Saravia , D. 2003 . Catalyzing capital flows: do IMF-supported programs work as commitment devices? . Economic Journal , 116 : 843 – 67 .
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