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In the context of the ongoing review of Fund facilities, this paper examines the analytical basis for Fund lending in emerging market countries and provides a broad-ranging perspective for reforming the General Resources Account (GRA) lending toolkit. The Fund’s important lending role in crisis prevention and resolution is buttressed by its unique characteristics: (i) its ability as a nonatomistic lender to provide large-scale financing and reduce the likelihood of a run by private creditors; (ii) its ability as a cooperative institution with near-universal membership to agree conditionality with members, thus providing national authorities with a policy commitment tool to underpin confidence and catalyze private lending; and (iii) its de facto preferred creditor status, which allows it to provide crisis financing when private creditors may be reluctant to lend.
This forum provided an opportunity for local, state & Fed. emergency managers (EM) to jointly discuss their weather & flood warning info., coordination, & communication needs. This report summarizes the presentations & group discussions from the forum. It includes the key issues & recommended action plan from these EM. It was convened to enhance the short-term warning goals to: provide no surprisesÓ prediction of hazardous events; achieve fail-safeÓ communication of hazard-event info.; & ensure no-regretsÓ response to developing natural hazards.
Providing a new and stimulating conceptual framework for the study of Irish historiography, this book combines a theoretical approach with close analysis of important case studies and presents the first historical and theoretical examination of the trailblazer historians who, from 1938, spearheaded an unpoliticized Irish history