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Item Details
| Title:
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BAILOUTS OR BAIL-INS?
RESPONDING TO FINANCIAL CRISES IN EMERGING ECONOMIES |
| By: |
Nouriel Roubini, Brad W. Setser |
| Format: |
Paperback |
| List price:
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£25.00 |
| Our price: |
£20.00 |
| Discount: |
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| You save:
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£5.00 |
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| ISBN 10: |
0881323713 |
| ISBN 13: |
9780881323719 |
| Availability: |
Usually dispatched within 1-3 weeks.
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| Stock: |
Currently 0 available |
| Publisher: |
THE PETERSON INSTITUTE FOR INTERNATIONAL ECONOMICS |
| Pub. date: |
30 April, 2004 |
| Pages: |
348 |
| Description: |
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. This book looks at these situations and the options available to alleviate the problem. |
| Synopsis: |
Roughly once a year, the managing director of the International Monetary Fund, the US 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. |
| Publication: |
US |
| Imprint: |
Institute for International Economics,U.S. |
| Returns: |
Returnable |
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Ramadan and Eid al-Fitr
A celebratory, inclusive and educational exploration of Ramadan and Eid al-Fitr for both children that celebrate and children who want to understand and appreciate their peers who do.
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