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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Бібліографічні деталі
Автор: Kumar, Manmohan
Інші автори: Masson, Paul, Miller, Marcus
Формат: Журнал
Мова:English
Опубліковано: Washington, D.C. : International Monetary Fund, 2000.
Серія:IMF Working Papers; Working Paper ; No. 2000/105
Онлайн доступ:Full text available on IMF