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Finance & Development, September 1984.
- Format:
- Book
- Government document
- Author/Creator:
- International Monetary Fund. External Relations Department.
- Series:
- Finance & Development; Finance & Development ; No. 0021/003
- Finance & Development
- Language:
- English
- Physical Description:
- 1 online resource (56 p.)
- Place of Publication:
- Washington, D.C. : International Monetary Fund, 1984.
- Language Note:
- English
- Summary:
- This paper examines the impact of the World Bank on the financial markets and developing countries. The sound financial structure of the Bank rests on its conservative loan-to-capital ratio. Its large liquidity is an assurance to investors in Bank bonds that their investments are assured of liquidity in case the need arises. To cope with their payments difficulties, the heavily indebted developing countries have adopted more cautious fiscal and monetary policies, limited wage increases, and reduced domestic consumption and investment.
- Notes:
- Bibliographic Level Mode of Issuance: Monograph
- Description based on print version record.
- ISBN:
- 9781463981051
- 1463981058
- 9781463981044
- 146398104X
- 9781616353582
- 1616353589
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