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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Détails bibliographiques
Auteur principal: Kumar, Manmohan
Autres auteurs: Masson, Paul, Miller, Marcus
Format: Revue
Langue:English
Publié: Washington, D.C. : International Monetary Fund, 2000.
Collection:IMF Working Papers; Working Paper ; No. 2000/105
Accès en ligne:Full text available on IMF