1.

Record Nr.

UNIORUON00093987

Autore

AELIANUS

Titolo

Historical Miscellany / Aelianus ; edited and translated by N.G. Wilson

Pubbl/distr/stampa

London, : Harvard University Press, 1997

ISBN

06-7499-535-x

Descrizione fisica

514 p. ; 17 cm

Classificazione

T1

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

2.

Record Nr.

UNINA9910965332503321

Autore

Joshi Priyadarshani

Titolo

Implicit Transfers in IMF Lending, 1973–2003 / / Priyadarshani Joshi, Jeromin Zettelmeyer

Pubbl/distr/stampa

Washington, D.C. : , : International Monetary Fund, , 2005

ISBN

9786613800596

9781462335718

1462335713

9781452734033

1452734038

9781282107243

1282107240

9781451905632

1451905637

Edizione

[1st ed.]

Descrizione fisica

1 online resource (42 p.)

Collana

IMF Working Papers

Altri autori (Persone)

ZettelmeyerJeromin

Soggetti

Loans - Developing countries

Subsidies - Developing countries

Banks and Banking

Banks

Debt Management

Debt relief

Debt

Debts, External



Depository Institutions

Finance

Financial Risk Management

Income

Industries: Financial Services

Interest rates

Interest Rates: Determination, Term Structure, and Effects

Loans

Macroeconomics

Market interest rates

Micro Finance Institutions

Mortgages

Personal income

Personal Income, Wealth, and Their Distributions

Sdr interest rate

Sovereign Debt

United States

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

"January 2005."

Nota di bibliografia

Includes bibliographical references (p. 40-41).

Nota di contenuto

""Contents""; ""I. INTRODUCTION""; ""II. POTENTIAL SOURCES OF IMF TRANSFERS""; ""III. METHODOLOGY AND DATA""; ""IV. RESULTS""; ""V. CONCLUSION""; ""APPENDIX I""; ""APPENDIX II""; ""APPENDIX III""; ""REFERENCES""

Sommario/riassunto

We compute realized transfers implicit in IMF lending from 1973-2003, based on 2003 IMF repayment projections and promised debt relief. IMF lending rates to high-and middleincome countries fell short of industrial country borrowing rates by 30-150 basis points over the period as a whole, but exhibited a small premium after 1987. The subsidy received by low-income and HIPC countries was much higher (400-600 basis points, respectively). In 2002 NPV terms, cumulative transfers were 12-15 percent of 2002 GDP for the HIPCs, 2-3 percent for low income countries, and less than ¾ percent for the emerging market countries.