01110nam--2200385---450-99000584403020331620130516120956.0000584403USA01000584403(ALEPH)000584403USA0100058440320130516d1993----km-y0itay50------baitagrcIT||||||||001yyOstraka greci da Narmuthis (OGN I)Rosario Pintaudi, Pieter J. SijpesteijnPisaGiardini1993161 p.ill.30 cmQuaderni di Medinet Madi22001Quaderni di Medinet Madi22001001-------2001Epigrafia grecaBNCF481PINTAUDI,Rosario161587SIJPESTEIJN,Pieter J.486227ITsalbcISBD990005844030203316AE 4883079 DSABKDSADSA9020130516USA011207DSA9020130516USA011209Ostraka greci da Narmuthis (OGN I1087725UNISA04576oam 22012254 450 991096533250332120250426110603.0978661380059697814623357181462335713978145273403314527340389781282107243128210724097814519056321451905637(CKB)3360000000442487(EBL)3012571(SSID)ssj0001477502(PQKBManifestationID)11853374(PQKBTitleCode)TC0001477502(PQKBWorkID)11452874(PQKB)11516631(OCoLC)535146996(IMF)WPIEE2005008(MiAaPQ)EBC3012571(IMF)WPIEA2005008WPIEA2005008(EXLCZ)99336000000044248720020129d2005 uf 0engur|n|---|||||txtccrImplicit Transfers in IMF Lending, 1973–2003 /Priyadarshani Joshi, Jeromin Zettelmeyer1st ed.Washington, D.C. :International Monetary Fund,2005.1 online resource (42 p.)IMF Working Papers"January 2005."9781451860276 1451860277 Includes bibliographical references (p. 40-41).""Contents""; ""I. INTRODUCTION""; ""II. POTENTIAL SOURCES OF IMF TRANSFERS""; ""III. METHODOLOGY AND DATA""; ""IV. RESULTS""; ""V. CONCLUSION""; ""APPENDIX I""; ""APPENDIX II""; ""APPENDIX III""; ""REFERENCES""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.IMF Working Papers; Working Paper ;No. 2005/008Implicit transfers in International Monetary Fund lending, 1973-2003LoansDeveloping countriesSubsidiesDeveloping countriesBanks and BankingimfBanksimfDebt ManagementimfDebt reliefimfDebtimfDebts, ExternalimfDepository InstitutionsimfFinanceimfFinancial Risk ManagementimfIncomeimfIndustries: Financial ServicesimfInterest ratesimfInterest Rates: Determination, Term Structure, and EffectsimfLoansimfMacroeconomicsimfMarket interest ratesimfMicro Finance InstitutionsimfMortgagesimfPersonal incomeimfPersonal Income, Wealth, and Their DistributionsimfSdr interest rateimfSovereign DebtimfUnited StatesimfLoansSubsidiesBanks and BankingBanksDebt ManagementDebt reliefDebtDebts, ExternalDepository InstitutionsFinanceFinancial Risk ManagementIncomeIndustries: Financial ServicesInterest ratesInterest Rates: Determination, Term Structure, and EffectsLoansMacroeconomicsMarket interest ratesMicro Finance InstitutionsMortgagesPersonal incomePersonal Income, Wealth, and Their DistributionsSdr interest rateSovereign DebtJoshi Priyadarshani1816087Zettelmeyer Jeromin1814421International Monetary Fund.Research Dept.DcWaIMFBOOK9910965332503321Implicit Transfers in IMF Lending, 1973–20034371733UNINA