Eichengreen, Barry (contributor); … - 2005
The IMF in a World of Private Capital Markets
Barry Eichengreen, Kenneth Kletzer, and Ashoka Mody
1
Revised …, February 21, 2005
Abstract
The IMF attempts to stabilize private capital flows to emerging markets by providing
public … dominates. But spreads on bonds
are lower when they are issued in conjunction with IMF-supported programs, as if the
existence …