Jun Mr Kim: 5 books

This collection of papers examines IMF-supported programs over the period 1995-2000 in both middle-income and low-income countries. In order to seek insights from a comparison across different types of programs, the sections entitled"Objectives and Outcomes," "Policy Formulation and Analytical Frameworks,"...

This paper examines the various roles of IMF financing in crisis prevention. Emerging market economies that experienced financial crises in the past have been subject to enormous economic and social costs, highlighting the importance of crisis prevention. While the main defense against a crisis lies...

Low-income countries routinely experience exogenous disturbances�sharp swings in the terms of trade, export demand, natural disasters, and volatile financial flows�that contribute to higher volatility in aggregate output and consumption compared with other countries. Assessing Reserve Adequacy in...

In this note, the authors reexamine the issue of debt sustainability in a large group of advanced economies. Their hypothesis is that, when debt is in a moderate range, its dynamics are sustainable in the sense that increases in debt elicit sufficient increases in primary fiscal balances to stabilize...