IMF Staff Papers, Volume 47, No. 1.

This paper discusses the origins of the pyramid schemes and the way the authorities handled them. The paper analyzes the economic effects of the pyramid schemes, concluding that despite the descent into anarchy triggered by the schemes' collapse, their direct effects on the economy are difficul...

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Ente Autore: International Monetary Fund. Research Dept
Natura: Periodico
Lingua:English
Pubblicazione: Washington, D.C. : International Monetary Fund, 2000.
Serie:IMF Staff Papers; IMF Staff Papers ; No. 2000/002
Accesso online:Full text available on IMF
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Riassunto:This paper discusses the origins of the pyramid schemes and the way the authorities handled them. The paper analyzes the economic effects of the pyramid schemes, concluding that despite the descent into anarchy triggered by the schemes' collapse, their direct effects on the economy are difficult to specify and appear to have been limited. The paper also argues that prevention of pyramid schemes is better than cure and that government and international financial institutions should be vigilant in clamping down on frauds.
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Descrizione fisica:1 online resource (168 pages)
Natura:Mode of access: Internet
ISSN:1020-7635
Accesso:Electronic access restricted to authorized BRAC University faculty, staff and students