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Acknowledgments | ||
Introduction | ||
1 | Emerging Markets Crises and Policy Responses | 1 |
2 | The Economists' Views | 23 |
3 | Outline of the Argument and Main Message | 47 |
4 | Liquidity and Risk-Management in a Closed Economy | 53 |
5 | Identification of Market Failure: Are Debtor Countries Ordinary Borrowers? | 77 |
6 | Implications of the Dual- and Common-Agency Perspectives | 97 |
7 | Institutional Implications: What Role for the IMF? | 113 |
8 | Conclusion | 129 |
References | 131 | |
Index | 145 |
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Add Financial Crises, Liquidity, and the International Monetary System, Once upon a time, economists saw capital account liberalization—the free and unrestricted flow of capital in and out of countries—as unambiguously good. Good for debtor states, good for the world economy. No longer. Spectacular banking and currency crises, Financial Crises, Liquidity, and the International Monetary System to the inventory that you are selling on WonderClubX
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Add Financial Crises, Liquidity, and the International Monetary System, Once upon a time, economists saw capital account liberalization—the free and unrestricted flow of capital in and out of countries—as unambiguously good. Good for debtor states, good for the world economy. No longer. Spectacular banking and currency crises, Financial Crises, Liquidity, and the International Monetary System to your collection on WonderClub |