ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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Determinants of Sovereign Borrowings from IMF

The article delineates the IMF's rationale for its role in the international economy; particularly in helping those countries that are going through balance of payments crises. The authors attempt to decipher whether the actual lending pattern of the IMF conforms to this rationale. This is done in the context of panel data models for several groups of countries. There appears to be some arbitrariness in the lending pattern of the IMF.

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