Bailouts or Bail-Ins: Responding to Financial Crises in Emerging Markets
| Author | : | |
| Rating | : | 4.78 (726 Votes) |
| Asin | : | 0881323713 |
| Format Type | : | paperback |
| Number of Pages | : | 348 Pages |
| Publish Date | : | 0000-00-00 |
| Language | : | English |
DESCRIPTION:
Fantastic reference to Emerging Market Crisis 1998-2002 A really fantastic overview of the Emerging market crisis of the 1990s and early 2000s and the lessons learned. The book focuses on that time period, though it is a general book for the study of whether Bail outs or Bail ins are best.Aside from just being a great comparative study, I would mention that the authors have done a fabulous job of creating comparative charts of the various crisis. This makes it very easy to understand why each nation has had a different experience and why there might be multiple solutions that are right depending on the nation involved, their existing infrastructure, their particula. great book great book. long it's longer than i expected
. A former staff economist at the United States Department of the Treasury, he worked at Roubini Global Economics Monitor, along with Nouriel Roubini. Nouriel Roubini is an American economist. He teaches at New York University's Stern School of Business and is the chairman of Roubini Global Economics, an econ
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. 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. 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 co
Bailouts or Bail-ins? is masterful. (Lawrence H. Summers, President, Harvard University and Former U.S. Pardee Professor of Economics and Political Science, University of California, Berkeley) . Sachs, director of the Earth Institute, Columbia University)Bailouts or Bail-ins? will prove to be a useful tool for those confronting these crises, and a clear, accessible overview for those studying global markets. It is by far the best book written in recent years on the vexing subject of how the international community should address international financial crises of emerging market economies. (Jeffrey D. (Barry Eichengreen, George C. Pardee and Helen N. Treasury Secretary)This is the most intelligent and comprehensive analysis yet of how the international community should respond to f