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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Detalles Bibliográficos
Autor Principal: Kumar, Manmohan
Outros autores: Masson, Paul, Miller, Marcus
Formato: Revista
Idioma:English
Publicado: Washington, D.C. : International Monetary Fund, 2000.
Series:IMF Working Papers; Working Paper ; No. 2000/105
Acceso en liña:Full text available on IMF