Buy 3 Get Another Free On All Under S$10
Get 10% off all year round! Join Thryft Club
Get 10% off all year round and $10 off your next order! Join Thryft Club
Stay in touch and win free books! Sign up

Bailouts Or Bail-Ins? - Responding To Financial Crises In Emerging Economies

Regular price ₱490.05
Unit price
per

Navigating financial crises: Bailouts or bail-ins?

This book would be a good read for anyone interested in understanding the complex world of financial crises and the strategies employed by policymakers to tackle them. Roubini and Setser provide a comprehensive analysis of the options available to emerging economies during times of economic turmoil. Their expert insights help readers grasp the nuances of the global financial system, making this book a valuable resource for students, researchers, and professionals in the field. Prepare to embark on an enlightening journey through the intricacies of international finance.

Note: While we do our best to ensure the accuracy of cover images, ISBNs may at times be reused for different editions of the same title which may hence appear as a different cover.

Bailouts Or Bail-Ins? - Responding To Financial Crises In Emerging Economies

Regular price ₱490.05
Unit price
per
ISBN: 9780881323719
Date of Publication: 2004-04-28
Format: Paperback
Related Collections: Economics, Politics
Goodreads rating: 3.97
(rated by 35 readers)

Description

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.
Condition guide
Availability
 
(0 in cart)

Similar Reads

Navigating financial crises: Bailouts or bail-ins?

This book would be a good read for anyone interested in understanding the complex world of financial crises and the strategies employed by policymakers to tackle them. Roubini and Setser provide a comprehensive analysis of the options available to emerging economies during times of economic turmoil. Their expert insights help readers grasp the nuances of the global financial system, making this book a valuable resource for students, researchers, and professionals in the field. Prepare to embark on an enlightening journey through the intricacies of international finance.

Note: While we do our best to ensure the accuracy of cover images, ISBNs may at times be reused for different editions of the same title which may hence appear as a different cover.