December 2020
Intermediate to advanced
857 pages
42h 3m
English
Content preview from Business Environment, 4th Edition by Pearson
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International Business Environment | 741
provided that the member cooperates with the IMF to solve its problems. In most
cases, this assistance is followed by an arrangement from the IMF under one of its
regular facilities. In 1995, the policy on emergency assistance was expanded to cover
countries that are emerging from civil unrest or international armed conflict, and
are unable to implement regular IMF- supported programmes because of damage
to their institutional and administrative capacity. In April 1999, the Executive Board
agreed on the steps to improve the terms of emergency assistance to post-conflict
countries. It also agreed that a second ...
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