 | Bedfellows, Hostages, or Perfect Strangers? Global Capital Markets and the Catalytic Effect of IMF Crisis Lending Author/Editor: Curzio Giannini, Carlo Cottarelli. Release Date:November, 2002 During the 1990s, the concept of catalytic official finance (COF) gained prominence in policy debates. The concept revolves around the idea that the propensity of investors to lend to a country more...
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