Bailouts Or Bail-Ins?: Responding to Financial Crises in Emerging EconomiesPeterson Institute, 30 เม.ย. 2004 - 348 หน้า 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. |
จากด้านในหนังสือ
ผลการค้นหา 1 - 5 จาก 87
หน้า
... Russia , Brazil ( in 1998-99 ) , and several smaller cases . It integrates analysis of large IMF loans with analysis of attempts to con- vince private creditors to provide emergency financing to crisis countries , whether alongside the ...
... Russia , Brazil ( in 1998-99 ) , and several smaller cases . It integrates analysis of large IMF loans with analysis of attempts to con- vince private creditors to provide emergency financing to crisis countries , whether alongside the ...
หน้า 1
... Russia , Brazil , Tur- key , and Argentina - as well as smaller economies like Ukraine , Pakistan , 1. The IMF , World Bank , regional development banks , G - 7 , Group of Ten ( G - 10 ) , and the group of bilateral creditors that meet ...
... Russia , Brazil , Tur- key , and Argentina - as well as smaller economies like Ukraine , Pakistan , 1. The IMF , World Bank , regional development banks , G - 7 , Group of Ten ( G - 10 ) , and the group of bilateral creditors that meet ...
หน้า 8
... Russia ( 1998 ) 186 15.1 3.5 63 5.1 1.2 63 5.1 1.2 Argentina ( 2000-01 ) 800 22.1 7.8 461 12.7 4.5 461 12.7 4.5 Brazil ( 2001 ) 400 15.6 3.1 375 14.6 2.9 261 10.2 2.0 Brazil ( 2002 ) 752 29.3 5.7 567 22.1 4.3 566 22.1 4.3 Brazil ...
... Russia ( 1998 ) 186 15.1 3.5 63 5.1 1.2 63 5.1 1.2 Argentina ( 2000-01 ) 800 22.1 7.8 461 12.7 4.5 461 12.7 4.5 Brazil ( 2001 ) 400 15.6 3.1 375 14.6 2.9 261 10.2 2.0 Brazil ( 2002 ) 752 29.3 5.7 567 22.1 4.3 566 22.1 4.3 Brazil ...
หน้า 9
... Russia , and Brazil . Between September 2000 and September 2003 , the IMF increased its outstanding credit by $ 48 billion in response to the crises in Turkey and a series of Latin American economies.10 10. As important , three years ...
... Russia , and Brazil . Between September 2000 and September 2003 , the IMF increased its outstanding credit by $ 48 billion in response to the crises in Turkey and a series of Latin American economies.10 10. As important , three years ...
หน้า 10
... Russia's 2000 restructuring are not included in this total . 12. International bonds are governed by the law of an external state or country ( usually the law of New York state , England , Germany , or Japan , with New York state and ...
... Russia's 2000 restructuring are not included in this total . 12. International bonds are governed by the law of an external state or country ( usually the law of New York state , England , Germany , or Japan , with New York state and ...
ฉบับอื่นๆ - ดูทั้งหมด
คำและวลีที่พบบ่อย
adjustment Argentina assets avoid bail-in bailout bank run banking system bankruptcy regime bilateral billion bond's bondholders borrowing Brady bonds Brazil capital claims collective action clauses commitment country's crisis country crisis resolution cross-border current account deficit debt restructuring debtor default depositors dollar domestic banks domestic debt Ecuador emerging economies emerging markets emerging-market exchange rate exposure external creditors external debt firms fiscal foreign currency foreign-currency Fred Bergsten Global guarantee holdouts IMF lending IMF loan IMF program IMF's incentives Indonesia interbank interest rates international bonds International Monetary Fund investors ISBN Korea lender of last liquidity litigation long-term maturing ment Mexico models moral hazard official financing official sector options Paris Club payments precrisis priority private creditors problems proposal reduce repay reserves restruc restructuring process restructuring terms risk rollover Russia SDRM short-term debt sovereign bonds sovereign debt sovereign debt restructuring standstill triggering Turkey Uruguay York-law
บทความที่เป็นที่นิยม
หน้า 1 - The G-7 countries are the United States, Japan, Germany, the United Kingdom, France, Italy, and Canada.
หน้า 190 - No one category of private creditors should be regarded as inherently privileged relative to others in a similar position. When both are material, claims of bondholders should not be viewed as