Cover Image
Read Now

Assessing Loss of Market Access: Conceptual and Operational Issues

Loss of market access (LMA) is a central element and an exacerbator of balance of payments and fiscal crises. This paper provides an operational definition of LMA, examines the predictive power of potential LMA leading indicators, attempts to determine the likely nature (temporary versus structural)...

Full description

Bibliographic Details
Main Author: Guscina, Anastasia
Other Authors: Malik, Sheheryar, Papaioannou, Michael
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 2017
Series:IMF Working Papers
Subjects:
Interest Rates
Public Debt
Finance
Short-term Capital Movements
Public Finance & Taxation
Monetary Economics
Financial Institutions
Financial Services
Debt Management
Current Account Adjustment
Debts, Public
Monetary Policy, Central Banking, And The Supply Of Money And Credit: General
Debt
Exports And Imports
General Financial Markets: General (includes Measurement And Data)
Investments: Bonds
International Economics
International Lending And Debt Problems
Debts, External
External Debt
Yield Curve
Money
Sovereign Debt
Bonds
Banks And Banking
Debt Sustainability
Interest Rates: Determination, Term Structure, And Effects
Investment & Securities
Public Finance
Money And Monetary Policy
Credit Ratings
Ukraine
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
Description
Summary:Loss of market access (LMA) is a central element and an exacerbator of balance of payments and fiscal crises. This paper provides an operational definition of LMA, examines the predictive power of potential LMA leading indicators, attempts to determine the likely nature (temporary versus structural) of an LMA episode, and analyzes potential implications of such an assessment on the required degree of adjustment to restore market access. Finally, it highlights the possible application of the methodological framework for identifying emerging risks to market access
Physical Description:63 pages
ISBN:9781484324936

Similar Items