Bailouts or bail-ins? : responding to financial crises in emerging economies /
The study calls for a two-track strategy: first, deep multilateral liberalization involving phased but complete elimination of industrial-county protection and deep reduction of protection by at least the middle-income developing countries, albeit on a more gradual schedule; and second, immediate fr...
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| Tác giả khác: | |
| Định dạng: | Licensed eBooks |
| Ngôn ngữ: | Tiếng Anh |
| Được phát hành: |
Washington, DC :
Institute for International Economics,
2004.
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| Truy cập trực tuyến: | https://search.ebscohost.com/login.aspx?direct=true&scope=site&db=nlebk&AN=230051 |
Mục lục:
- New nature of emerging-market crises
- Analytical literature on crisis resolution
- Experience with bailouts and bail-ins
- Official policy toward crisis resolution
- Responding to liquidity shortages
- Seniority of sovereign debts
- Legal reform
- Recommendations for reform.