The Resource A model of the IMF as a coinsurance arrangement, prepared by Ralph Chami, Sunil Sharma, and IIhyock Shim

A model of the IMF as a coinsurance arrangement, prepared by Ralph Chami, Sunil Sharma, and IIhyock Shim

Label
A model of the IMF as a coinsurance arrangement
Title
A model of the IMF as a coinsurance arrangement
Statement of responsibility
prepared by Ralph Chami, Sunil Sharma, and IIhyock Shim
Creator
Contributor
Author
Subject
Language
eng
Summary
Annotation
Member of
Action
digitized
Cataloging source
OCLCE
Dewey number
332.152
Index
no index present
LC call number
HG3881.5.I58
LC item number
W67 no.104/219
Literary form
non fiction
Nature of contents
  • dictionaries
  • bibliography
Series statement
IMF working paper
Series volume
WP/04/219
Summary expansion
The paper shows that a coinsurance arrangement among countries can, in principle, play a useful role in helping countries bear the risks involved in developing their economies and integrating into the global financial system. the operation of the coinsurance arrangement is examined under different loan contracts offered by the IMF. the analysis suggests that, if the IMFs objective is to safeguard its resources and be concerned about the welfare of the borrower, an ex ante loan contract is more likely to create the right incentivesinduce higher effort by member countries to avoid and overcome crisesthan an ex-post loan contract. Such ex ante contracts highlight the need for precommitment to contend with the Samaritans dilemma and time inconsistency. the paper also shows that state-contingent repayment schemes are needed to deal with King Lears dilemma
Label
A model of the IMF as a coinsurance arrangement, prepared by Ralph Chami, Sunil Sharma, and IIhyock Shim
Publication
Antecedent source
file reproduced from original
Bibliography note
Includes bibliographical references
http://library.link/vocab/branchCode
  • net
Carrier category
online resource
Carrier category code
cr
Carrier MARC source
rdacarrier
Color
black and white
Content category
text
Content type code
txt
Content type MARC source
rdacontent
Control code
ocn647069800
Dimensions
unknown
Extent
1 online resource (44 pages)
File format
one file format
Form of item
online
Isbn
9781451875201
Media category
computer
Media MARC source
rdamedia
Media type code
c
http://library.link/vocab/recordID
.b37162093
Reproduction note
Electronic reproduction.
Specific material designation
remote
System control number
  • (OCoLC)647069800
  • imf1282395548
System details
Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002.

Library Locations

    • Deakin University Library - Geelong Waurn Ponds CampusBorrow it
      75 Pigdons Road, Waurn Ponds, Victoria, 3216, AU
      -38.195656 144.304955
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