04384oam 22011294 450 991015501450332120200520144314.01-4755-5539-3(CKB)3710000000973020(MiAaPQ)EBC4867560(Au-PeEL)EBL4867560(CaPaEBR)ebr11391084(CaONFJC)MIL974479(OCoLC)965708322(IMF)WPIEA2016225(EXLCZ)99371000000097302020020129d2016 uf 0engurcnu||||||||rdacontentrdamediardacarrierArrears to the IMF – A Ghost of the Past? /Anne Oeking, Mariusz SumlinskiWashington, D.C. :International Monetary Fund,2016.1 online resource (38 pages) color illustrationsIMF Working Papers1-4755-5482-6 Includes bibliographical references.In this paper, we consider incidences of arrears to the IMF, focusing on protracted arrears cases and attempt to identify determinants of their occurrence. We use narrative and formal methods. In addition, we analyze determinants of the duration of arrears. We find that previous arrears, reserves coverage, and institutional quality are among the main determinants of arrears. In addition, we identify a role for political developments, including civil unrest, which make arrears more likely to arise and to last longer. We conclude that improved macroeconomic conditions and turnaround of political fortunes would help to clear the currently remaining protracted arrears cases.IMF Working Papers; Working Paper ;No. 2016/225Financial crisesForecastingEconometric modelsLoans, ForeignEconometricsimfExports and ImportsimfMacroeconomicsimfMoney and Monetary PolicyimfInternational Monetary Arrangements and InstitutionsimfInternational Lending and Debt ProblemsimfMonetary Policy, Central Banking, and the Supply of Money and Credit: GeneralimfPrice LevelimfInflationimfDeflationimfDiscrete Regression and Qualitative Choice ModelsimfDiscrete RegressorsimfProportionsimfInternational economicsimfMonetary economicsimfEconometrics & economic statisticsimfArrearsimfExternal debtimfCreditimfCommodity price indexesimfLogit modelsimfMoneyimfPricesimfEconometric analysisimfDebts, ExternalimfPrice indexesimfEconometric modelsimfUnited StatesimfFinancial crisesForecastingEconometric models.Loans, Foreign.EconometricsExports and ImportsMacroeconomicsMoney and Monetary PolicyInternational Monetary Arrangements and InstitutionsInternational Lending and Debt ProblemsMonetary Policy, Central Banking, and the Supply of Money and Credit: GeneralPrice LevelInflationDeflationDiscrete Regression and Qualitative Choice ModelsDiscrete RegressorsProportionsInternational economicsMonetary economicsEconometrics & economic statisticsArrearsExternal debtCreditCommodity price indexesLogit modelsMoneyPricesEconometric analysisDebts, ExternalPrice indexesEconometric models338.542Oeking Anne1219799Sumlinski Mariusz1449454DcWaIMFBOOK9910155014503321Arrears to the IMF – A Ghost of the Past3647745UNINA