Bailouts or Bail-ins? pdf epub mobi txt 電子書下載 2024

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Nouriel Roubini

Peterson Inst Int Economics

2004-8-31

348

GBP 27.95

Paperback

9780881323719

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发表于2024-11-11

Bailouts or Bail-ins? epub 下載 mobi 下載 pdf 下載 txt 電子書下載 2024

Bailouts or Bail-ins? pdf epub mobi txt 電子書下載 2024

圖書描述

Roughly once a year, the managing director of the International Monetary Fund, the U.S. treasury secretary and in some cases the finance ministers of other G-7 countries will get a call from the finance minister of a large emerging market economy. The emerging market finance minister will indicate that the country is rapidly running out of foreign reserves, that it has lost access to international capital markets and, perhaps, that is has lost the confidence of its own citizens. Without a rescue loan, it will be forced to devalue its currency and default either on its government debt or on loans to the country's banks that the government has guaranteed. This book looks at these situations and the options available to alleviate the problem. It argues for a policy that recognizes that every crisis is different and that different cases need to be handled within a framework that provides consistency and predictability to borrowing countries as well as those who invest in their debt.

Bailouts or Bail-ins? 下載 mobi epub pdf txt 電子書