Global Financial Crises : Institutions and Incentives /

Increasing emphasis has been placed on the need for an effective lender of last resort for sovereign states and on procedures for sovereign debt restructuring to help cope with global financial crises. Where private creditors use short-term debt to check sovereign debtor's moral hazard, there i...

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Autor principal: Kumar, Manmohan
Altres autors: Masson, Paul, Miller, Marcus
Format: Revista
Idioma:English
Publicat: Washington, D.C. : International Monetary Fund, 2000.
Col·lecció:IMF Working Papers; Working Paper ; No. 2000/105
Accés en línia:Full text available on IMF