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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Інші автори: | , |
Формат: | Журнал |
Мова: | English |
Опубліковано: |
Washington, D.C. :
International Monetary Fund,
2005.
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Серія: | IMF Working Papers; Working Paper ;
No. 2005/084 |
Онлайн доступ: | Full text available on IMF |