This paper examines the experience with imf supported programs in the context of eight capital account crises in the 1990s in some cases new imf supported programs were formulated in response to a crisis while in two of the countries argentina and the philippines imf supported arrangements that were in place at the beginning of the crisis were extended and augmented and policies were . The imf press center is a password protected site for working journalists occasional papers related links brazil and the imf indonesia and the imf mexico and the imf republic of korea and the imf imf supported programs in capital account crises design and experience. The turkish 1994 crisis foreshadowed several of the subsequent capital account crises with a massive swing in capital outflows of some 8 percent of gnp the imf supported program was successful in the sense that it quickly restored confidence even though the national authorities procrastinated on longer term structural measures. Imf working papers occasional papers pamphlet series seminar volumes imf statistics balance of payments statistics imf supported programs in capital account crises design and experience get code buy book series occasional papers authors ales bulir marianne schulze gattas atish ghosh alex mourmouras a hamann and timothy lane . Given the differences in their origins imf supported programs in capital account crisis were confronted with challenges that differed considerably from those of more traditional imf programs
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