IDEAS home Printed from https://ideas.repec.org/p/stm/dpaper/4.html
   My bibliography  Save this paper

IMF–RFA collaboration: motives, state of play, and way forward

Author

Listed:
  • Gong Cheng

    (ESM)

  • Dominika Miernik

    (ESM)

  • Yisr Barnieh

    (Arab Monetary Fund)

  • Beomhee Han

    (ASEAN + 3 Macroeconomic Research Office (AMRO))

  • Ika Mustika Sari

    (ASEAN + 3 Macroeconomic Research Office (AMRO))

  • Faith Qiying Pang

    (ASEAN + 3 Macroeconomic Research Office (AMRO))

  • Tigran Kostanyan

    (Eurasian Fund for Stabilization and Development (EFSD))

  • Alexander Efimov

    (Eurasian Fund for Stabilization and Development (EFSD))

  • Marie Houdart

    (European Commission)

  • Alexandra de Carvalho

    (European Commission)

  • Carlos Giraldo

    (Latin American Reserve Fund (FLAR))

  • Viviana Monroy

    (Latin American Reserve Fund (FLAR))

Abstract

This joint staff paper sheds light on the existing cooperation between the IMF and RFAs and suggests further avenues to enhance their work together. It offers a collective RFA reply to the IMF’s recent policy paper on collaboration issues

Suggested Citation

  • Gong Cheng & Dominika Miernik & Yisr Barnieh & Beomhee Han & Ika Mustika Sari & Faith Qiying Pang & Tigran Kostanyan & Alexander Efimov & Marie Houdart & Alexandra de Carvalho & Carlos Giraldo & Vivia, 2018. "IMF–RFA collaboration: motives, state of play, and way forward," Discussion Papers 4, European Stability Mechanism, revised 27 Oct 2021.
    • Handle: RePEc:stm:dpaper:4
    as

    Download full text from publisher

    File URL: https://www.esm.europa.eu/sites/default/files/document/esmdiscussionpaper4.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Cheng, Gong, 2015. "The Global Financial Safety Net through the Prism of G20 Summits," MPRA Paper 68070, University Library of Munich, Germany, revised Nov 2015.
    2. Wendt, Alexander E., 1987. "The agent-structure problem in international relations theory," International Organization, Cambridge University Press, vol. 41(3), pages 335-370, July.
    3. Cheng, Gong & Lennkh, Rudolf Alvise, 2018. "RFAs' Financial Structures and Lending Capacities: a Statutory, Accounting and Credit Rating Perspective," MPRA Paper 95754, University Library of Munich, Germany.
    4. Cheng, Gong & Díaz-Cassou, Javier & Erce, Aitor, 2018. "Official debt restructurings and development," World Development, Elsevier, vol. 111(C), pages 181-195.
    5. Denbee, Edd & Jung, Carsten & Paternò, Francesco, 2016. "Stitching together the global financial safety net," Bank of England Financial Stability Papers 36, Bank of England.
    6. Aitor Erce & Daniel Riera-Crichton, 2015. "Catalytic IMF? a gross flows approach," Globalization Institute Working Papers 254, Federal Reserve Bank of Dallas.
    7. Aizenman, Joshua & Jinjarak, Yothin & Park, Donghyun, 2011. "International reserves and swap lines: Substitutes or complements?," International Review of Economics & Finance, Elsevier, vol. 20(1), pages 5-18, January.
    8. Hall, Peter A. & Taylor, Rosemary C. R., 1996. "Political science and the three new institutionalisms," MPIfG Discussion Paper 96/6, Max Planck Institute for the Study of Societies.
    9. C. Randall Henning, 2002. "East Asian Financial Cooperation," Peterson Institute Press: All Books, Peterson Institute for International Economics, number pa68, April.
    10. Helene Sjursen, 2004. "Changes to European Security in a Communicative Perspective," ARENA Working Papers 1, ARENA.
    11. March, James G. & Olsen, Johan P., 1998. "The Institutional Dynamics of International Political Orders," International Organization, Cambridge University Press, vol. 52(4), pages 943-969, October.
    12. Stracca, Livio & Scheubel, Beatrice, 2016. "What do we know about the global financial safety net? Rationale, data and possible evolution," Occasional Paper Series 177, European Central Bank.
    13. José Antonio Ocampo, 2017. "Resetting the International Monetary (Non)System," Books, Red Investigadores de Economía, number 2017-11, June.
    14. Henning, C. Randall, 2017. "Tangled Governance: International Regime Complexity, the Troika, and the Euro Crisis," OUP Catalogue, Oxford University Press, number 9780198801801, Decembrie.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Cheng, Gong & Lennkh, Rudolf Alvise, 2018. "RFAs' Financial Structures and Lending Capacities: a Statutory, Accounting and Credit Rating Perspective," MPRA Paper 95754, University Library of Munich, Germany.
    2. Ocampo, José Antonio, 2020. "International financial cooperation to address the Latin American economic crisis," Revista CEPAL, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL), August.
    3. Gong Cheng & Dominika Miernik & Teuta Turani, 2020. "Finding complementarities in IMF and RFA toolkits," Discussion Papers 8, European Stability Mechanism, revised 25 Oct 2021.
    4. Graciela Schiliuk & Tullio Buccellato & Jens Lapointe-Rohde & Georgios Palaiodimos & Habib Attia & Marthe Memoracion Hinojales & Catharine Kho & Gennady Vasiliev & Tigran Kostanyan & Alexandra de Carv, 2021. "Regional responses to the Covid-19 crisis: a comparative study from economic, policy, and institutional perspectives," Discussion Papers 18, European Stability Mechanism, revised 08 Nov 2021.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Carlos Giraldo, 2018. "IMF–RFA collaboration: motives, state of play, and way forward A joint RFA staff proposal," Documentos de Discusión FLAR 19452, Fondo Latino Americano de Reservas - FLAR.
    2. Essers, Dennis & Ide, Stefaan, 2019. "The IMF and precautionary lending: An empirical evaluation of the selectivity and effectiveness of the Flexible Credit Line," Journal of International Money and Finance, Elsevier, vol. 92(C), pages 25-61.
    3. D. Essers & E. Vincent, 2017. "The global financial safety net :In need of repair ?," Economic Review, National Bank of Belgium, issue ii, pages 87-112, september.
    4. Scheubel, Beatrice & Stracca, Livio & Tille, Cédric, 2019. "Taming the global financial cycle: What role for the global financial safety net?," Journal of International Money and Finance, Elsevier, vol. 94(C), pages 160-182.
    5. Dennis Essers & Stefaan Ide, 2017. "The IMF and precautionary lending : An empirical evaluation of the selectivity and effectiveness of the flexible credit line," Working Paper Research 323, National Bank of Belgium.
    6. Cheng, Gong & Lennkh, Rudolf Alvise, 2018. "RFAs' Financial Structures and Lending Capacities: a Statutory, Accounting and Credit Rating Perspective," MPRA Paper 95754, University Library of Munich, Germany.
    7. Jenny Kilp & Vafa Anvari & Samantha Springfield & Crystal Roberts, 2019. "The Impact of the Global Financial Safety Net on Emerging Market Bond Spreads," Russian Journal of Money and Finance, Bank of Russia, vol. 78(2), pages 43-66, June.
    8. repec:hal:spmain:info:hdl:2441/8391 is not listed on IDEAS
    9. Wiener, Antje, 2007. "Making normative meaning accountable in international politics," Discussion Papers, Research Unit: Global Governance SP IV 2007-305, WZB Berlin Social Science Center.
    10. McKay Julie & Volz Ulrich & Wölfinger Regine, 2011. "Regional Financing Arrangements and the Stability of the International Monetary System," Journal of Globalization and Development, De Gruyter, vol. 2(1), pages 1-33, August.
    11. Sophie Jacquot & Cornelia Woll, 2003. "Usage of European Integration - Europeanisation from a Sociological Perspective," SciencePo Working papers Main hal-01019642, HAL.
    12. repec:ecb:ecbops:2018207 is not listed on IDEAS
    13. Corsetti, Giancarlo & Erce, Aitor & Uy, Timothy, 2017. "Official Sector Lending Strategies during the Euro Area Crisis," CEPR Discussion Papers 12228, C.E.P.R. Discussion Papers.
    14. Kaplan Yilmaz, 2017. "China’s OBOR as a Geo-Functional Institutionalist Project," TalTech Journal of European Studies, Sciendo, vol. 7(1), pages 7-23, June.
    15. C. Randall Henning, 2019. "Regime Complexity and the Institutions of Crisis and Development Finance," Development and Change, International Institute of Social Studies, vol. 50(1), pages 24-45, January.
    16. Marie-Laure Salles-Djelic & Sigrid Quack, 2003. "Theoretical Building Blocks for a Research Agenda Linking Globalization and Institutions," Post-Print hal-01892014, HAL.
    17. Wei Cui, 2022. "Macroeconomic Effects of Delayed Capital Liquidation," Journal of the European Economic Association, European Economic Association, vol. 20(4), pages 1683-1742.
    18. Oran Young, 2001. "The Behavioral Effects of Environmental Regimes: Collective-Action vs. Social-Practice Models," International Environmental Agreements: Politics, Law and Economics, Springer, vol. 1(1), pages 9-29, January.
    19. Tanja E. Aalberts, 2005. "Sovereignty Reloaded? A Constructivist Perspective on European Research," The Constitutionalism Web-Papers p0010, University of Hamburg, Faculty for Economics and Social Sciences, Department of Social Sciences, Institute of Political Science.
    20. Howell, Kerry E. & Annansingh, Fenio, 2013. "Knowledge generation and sharing in UK universities: A tale of two cultures?," International Journal of Information Management, Elsevier, vol. 33(1), pages 32-39.
    21. Göver, Zeki Tuğrul, 2018. "The Effects of the IMF’s Quota and Governance Reforms on Turkey," Bulletin of Economic Theory and Analysis, BETA Journals, vol. 3(1), pages 1-34, March.
    22. André Bächtiger & Dominik Hangartner, 2010. "When Deliberative Theory Meets Empirical Political Science: Theoretical and Methodological Challenges in Political Deliberation," Political Studies, Political Studies Association, vol. 58(4), pages 609-629, October.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:stm:dpaper:4. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Karol SISKIND (email available below). General contact details of provider: https://edirc.repec.org/data/efseulu.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.