Timing of International Bailouts /

This paper proposes that international rescue financing should not be provided to a country where a crisis first occurs, but rather to any country that suffers a subsequent crisis. Such a timing-based lending facility can be Pareto-superior to both laissez-faire and existing international crisis len...

وصف كامل

التفاصيل البيبلوغرافية
المؤلف الرئيسي: Kim, Se-Jik
التنسيق: دورية
اللغة:English
منشور في: Washington, D.C. : International Monetary Fund, 2004.
سلاسل:IMF Working Papers; Working Paper ; No. 2004/009
الوصول للمادة أونلاين:Full text available on IMF