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...

Ausführliche Beschreibung

Bibliographische Detailangaben
1. Verfasser: Kumar, Manmohan
Weitere Verfasser: Masson, Paul, Miller, Marcus
Format: Zeitschrift
Sprache:English
Veröffentlicht: Washington, D.C. : International Monetary Fund, 2000.
Schriftenreihe:IMF Working Papers; Working Paper ; No. 2000/105
Online Zugang:Full text available on IMF