Private Sector Involvement and International Financial Crises: An Analytical Perspective (Repost)
Michael Chui, Prasanna Gai, Franklin Allen, "Private Sector Involvement and International Financial Crises: An Analytical Perspective"
2005 | pages: 224 | ISBN: 0199267758 | PDF | 0,9 mb
2005 | pages: 224 | ISBN: 0199267758 | PDF | 0,9 mb
This is the first book to integrate analyses of sovereign debt and crises in financial markets. Offering an analytical perspective on the design of the international financial architecture, this book relates insights from recent literature on co-ordination games to earlier work on currency crises and sovereign debt default to set out a coherent framework for the assessment of crisis management policy. Issues examined include the design of sovereign bankruptcy procedures, and the role of the IMF in influencing creditors and debtor countries.
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