| Description |
1 online resource (xiv, 427 pages) : illustrations |
| Contents |
New nature of emerging-market crises -- Analytical literature on crisis resolution -- Experience with bailouts and bail-ins -- Official policy toward crisis resolution -- Responding to liquidity shortages -- Seniority of sovereign debts -- Legal reform -- Recommendations for reform |
| Summary |
The study calls for a two-track strategy: first, deep multilateral liberalization involving phased but complete elimination of industrial-county protection and deep reduction of protection by at least the middle-income developing countries, albeit on a more gradual schedule; and second, immediate free entry for imports from high risk low-income countries (heavily indebted poor countries, least developed countries, and sub-Saharan Africa), coupled with a 10-year tax holiday for direct investment in these countries |
| Bibliography |
Includes bibliographical references (pages 391-405) and index |
| Notes |
Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002. http://purl.oclc.org/DLF/benchrepro0212 MiAaHDL |
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English |
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digitized 2010 HathiTrust Digital Library committed to preserve pda MiAaHDL |
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Print version record |
| Subject |
Loans, Foreign -- Developing countries.
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Financial crises -- Developing countries
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International finance.
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Debt -- Developing countries
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BUSINESS & ECONOMICS -- Economics -- Microeconomics.
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Debt
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Financial crises
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International finance
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Loans, Foreign
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Krise
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Finanzwirtschaft
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Financiële crises.
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Developing countries
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Schwellenländer
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| Form |
Electronic book
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| Author |
Setser, Brad.
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| LC no. |
2003065582 |
| ISBN |
9781435655355 |
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1435655354 |
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1281397148 |
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9781281397140 |
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9780881324600 |
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0881324604 |
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9786611397142 |
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6611397140 |
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9780881325300 |
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0881325309 |
|
