00967nam a2200145Ia 450000500170000008000170001710000160003424501670005026000250021730000140024252005200025658300170077694200110079399900170080420260716043852.0 a11.02.04 K92 aKregel, Jan aIMF contingency financing for middle-income countries with access to private capital markets : an assessment of the proposal to create a Reserve Augmentation Line bUNaNew YorkUSc2007 aix, 16 p. aReviews the conditions that led to the loss of IMF control over balance of payments financing, and how private capital flows increased the liquidity requirements for system stability. Examines how the IMF responded to these problems, before assessing whether the Reserve Augmentation Line represents a sufficient improvement to the contingent Credit Line, in providing signals that will reduce the probability of crisis for countries implementing it, as well as conditions to convince countries to actually use it. c3/5/08kJOYD cMmK92 c55785d55785