Bailouts or bail-ins? [[electronic resource] ] : responding to financial crises in emerging economies / / Nouriel Roubini and Brad Setser
| Bailouts or bail-ins? [[electronic resource] ] : responding to financial crises in emerging economies / / Nouriel Roubini and Brad Setser |
| Autore | Roubini Nouriel |
| Pubbl/distr/stampa | Washington, DC, : Institute for International Economics, 2004 |
| Descrizione fisica | 1 online resource (442 p.) |
| Disciplina | 338.5/43 |
| Altri autori (Persone) | SetserBrad |
| Soggetto topico |
Loans, Foreign - Developing countries
Financial crises - Developing countries International finance Debt - Developing countries |
| Soggetto genere / forma | Electronic books. |
| ISBN |
1-281-39714-8
9786611397142 0-88132-460-4 1-4356-5535-4 |
| Formato | Materiale a stampa |
| Livello bibliografico | Monografia |
| Lingua di pubblicazione | eng |
| Record Nr. | UNINA-9910454542703321 |
Roubini Nouriel
|
||
| Washington, DC, : Institute for International Economics, 2004 | ||
| Lo trovi qui: Univ. Federico II | ||
| ||
Bailouts or bail-ins? [[electronic resource] ] : responding to financial crises in emerging economies / / Nouriel Roubini and Brad Setser
| Bailouts or bail-ins? [[electronic resource] ] : responding to financial crises in emerging economies / / Nouriel Roubini and Brad Setser |
| Autore | Roubini Nouriel |
| Pubbl/distr/stampa | Washington, DC, : Institute for International Economics, 2004 |
| Descrizione fisica | 1 online resource (442 p.) |
| Disciplina | 338.5/43 |
| Altri autori (Persone) | SetserBrad |
| Soggetto topico |
Loans, Foreign - Developing countries
Financial crises - Developing countries International finance Debt - Developing countries |
| ISBN |
1-281-39714-8
9786611397142 0-88132-460-4 1-4356-5535-4 |
| Formato | Materiale a stampa |
| Livello bibliografico | Monografia |
| Lingua di pubblicazione | eng |
| Record Nr. | UNINA-9910782172103321 |
Roubini Nouriel
|
||
| Washington, DC, : Institute for International Economics, 2004 | ||
| Lo trovi qui: Univ. Federico II | ||
| ||
Bailouts or bail-ins? : responding to financial crises in emerging economies / / Nouriel Roubini and Brad Setser
| Bailouts or bail-ins? : responding to financial crises in emerging economies / / Nouriel Roubini and Brad Setser |
| Autore | Roubini Nouriel |
| Edizione | [1st ed.] |
| Pubbl/distr/stampa | Washington, DC, : Institute for International Economics, 2004 |
| Descrizione fisica | 1 online resource (442 p.) |
| Disciplina | 338.5/43 |
| Altri autori (Persone) | SetserBrad |
| Soggetto topico |
Loans, Foreign - Developing countries
Financial crises - Developing countries International finance Debt - Developing countries |
| ISBN |
1-281-39714-8
9786611397142 0-88132-460-4 1-4356-5535-4 |
| Formato | Materiale a stampa |
| Livello bibliografico | Monografia |
| Lingua di pubblicazione | eng |
| Nota di contenuto |
Cover -- Contents -- Preface -- Acknowledgments -- Chapter 1 Introduction -- Why Crisis Resolution? -- Purging Unhelpful Myths -- Closing the Gap Between Rhetoric and Reality -- Agenda for Reform -- Structure of the Book -- Chapter 2 New Nature of Emerging-Market Crises -- Sources of Vulnerability in Emerging-Market Crises -- Interpreting Recent Crises -- Conclusions -- Chapter 3 Analytical Literature on Crisis Resolution -- Four Approaches to Crisis Resolution -- Crisis Resolution in IMF's Absence -- IMF, Crises of Creditor Coordination, and Moral Hazard -- Do Partial Bailouts Ever Work? -- Policy Implications and Suggestions for Further Research -- Chapter 4 Experience with Bailouts and Bail-ins -- Experience with Official Financing -- Experience with Bail-in Policies: Rollover Arrangements and Debt Exchanges -- Lessons for the Official Sector -- Lessons from Bond Restructurings -- Lessons from Restructuring of Bank Claims -- Conclusions -- Chapter 5 Official Policy Toward Crisis Resolution -- Reaction to Mexico's Bailout -- Reform of the International Financial Architecture -- The Debate Fractures -- A New Administration, a New Policy? -- Conclusions -- Chapter 6 Responding to Liquidity Shortages -- When Is Official Liquidity Support Warranted? -- Are Targeted Debt Reschedulings Inequitable? -- Risks of Gradual Escalation -- Case for Pragmatism -- Private-Sector Financial Difficulties -- Alternative Approaches to Liquidity Crises -- What Is the Right Policy? -- Chapter 7 Seniority of Sovereign Debts -- Relative Treatment of Different Sovereign Claims -- Domestic Versus External Debt -- Arguments in Favor of a Formal Debt Seniority Regime -- Conclusion -- Chapter 8 Legal Reform -- Potential Obstacles to Sovereign Debt Restructuring -- Approaches to Legal Reform -- Codes and Committees -- Assessing Reform Proposals -- Conclusion.
Chapter 9 Recommendations for Reform -- "Hardware" Largely in Place -- Problems with Crisis Resolution "Software" -- Moving from Problems to Solutions -- Conclusion -- Appendix A Tables -- References -- Glossary -- Index. |
| Record Nr. | UNINA-9910956810603321 |
Roubini Nouriel
|
||
| Washington, DC, : Institute for International Economics, 2004 | ||
| Lo trovi qui: Univ. Federico II | ||
| ||