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<creators>
<creator>
<creatorName>Butnaru, V.</creatorName>
<affiliation>Academia de Administrare Publică, Republica Moldova, Moldova, Republica</affiliation>
</creator>
</creators>
<titles>
<title xml:lang='ro'>Impactul măsurilor de austeritate impuse de FMI în ţările care solicită ajutor economic</title>
</titles>
<publisher>Instrumentul Bibliometric National</publisher>
<publicationYear>2012</publicationYear>
<relatedIdentifier relatedIdentifierType='ISSN' relationType='IsPartOf'>1813-8489</relatedIdentifier>
<subjects>
<subject>economics</subject>
<subject>austerity</subject>
<subject>government austerity measures</subject>
<subject>spending</subject>
<subject>deficit spending</subject>
<subject>public services</subject>
<subject>creditors.</subject>
<subject schemeURI='http://udcdata.info/' subjectScheme='UDC'>[323+33]:339.732.4</subject>
</subjects>
<dates>
<date dateType='Issued'>2012-07-03</date>
</dates>
<resourceType resourceTypeGeneral='Text'>Journal article</resourceType>
<descriptions>
<description xml:lang='en' descriptionType='Abstract'>Austerity measures are typically taken if there is a perceived threat that government cannot honor its debt liabilities. Such a situation may arise if a government has borrowed in foreign
currencies which they have no right to issue or they have been legally forbidden from issuing their own currency. In such a situation banks may lose trust in government’s ability and/or
willingness to pay and refuse to roll over existing debts or demand exorbitant interest rates. In such situations, inter-governmental institutions such as the International Monetary Fund (IMF) typically come in and demand austerity measures in exchange for functioning as a lender of last resort. When the IMF requires such a policy, the terms are known as “IMF conditionalities”.</description>
</descriptions>
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<format>application/pdf</format>
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