The IMF in a World of Private Capital Markets /

The IMF attempts to catalyze and stabilize private capital flows to emerging markets by providing public monitoring and emergency finance. In analyzing its role we contrast cases where banks and bondholders do the lending. Banks have a natural advantage in monitoring and creditor coordination, while...

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Detalhes bibliográficos
Autor principal: Mody, Ashoka
Outros Autores: Eichengreen, Barry, Kletzer, Kenneth
Formato: Periódico
Idioma:English
Publicado em: Washington, D.C. : International Monetary Fund, 2005.
Colecção:IMF Working Papers; Working Paper ; No. 2005/084
Acesso em linha:Full text available on IMF