Bienvenue chez nous!
Logo Ex Libris

Private Sector Involvement and International Financial Crises

  • Livre Relié
  • 224 Nombre de pages
(0) Donner la première évaluation
Évaluations
(0)
(0)
(0)
(0)
(0)
Afficher toutes les évaluations
Offering an analytical perspective on the design of the international financial architecture, this book aims to set out a framewor... Lire la suite
CHF 119.00
Habituellement expédié sous 2 à 3 semaines.

Description

Offering an analytical perspective on the design of the international financial architecture, this book aims to set out a framework for the assessment of crisis management policy. The issues examined include the design of sovereign bankruptcy procedures, and the role of the IMF in influencing creditors and debtor countries.

...the authors do an excellent job. The book will appeal to anyone interested in the serious study of financial crises and the design of international financial mechanisms.

Auteur
Prasanna Gai is a Fellow of the Research School of Pacific and Asian Studies at the Australian National University. He has been a Senior Adviser at the Bank of England (1994-2001), Senior Research Associate in the Financial Markets Group at the London School of Economics, and a Consultant to the Bank of England on international financial affairs (2002-2003). He has held visiting appointments as Visiting Fellow at the Hong Kong Institute of Monetary Research (2003) and Visiting Lecturer at the University of Oxford (2001). Michael Chui is Senior Manager at the Hong Kong Monetary Authority. He has been an Economist in the Directorate General International & European Relations at the European Central Bank (2001-2003), an Economist in the International Finance Division at the Bank of England (1998-2001), and a Research Officer in the Centre for Economic Forecasting at the London Business School (1993-98).

Texte du rabat

This is the first book to integrate analyses of sovereign debt and crises in financial markets. Offering an analytical perspective on the design of the international financial architecture, this book relates insights from recent literature on co-ordination games to earlier work on currency crises and sovereign debt default to set out a coherent framework for the assessment of crisis management policy. Issues examined include the design of sovereign bankruptcy procedures, and the role of the IMF in influencing creditors and debtor countries.



Contenu

1. Introduction; PART I: THE ANALYTICS OF CRISIS; 2. Overview: causes, costs, and prediction; 3. Sunspot-based models; 4. Fundamentals-based models; 5. Reconciling the two views; 6. Crisis costs and incentives to repay; 7. Spotting financial crises; PART II: REFORMING THE INTERNATIONAL FINANCIAL ARCHITECTURE; 8. Overview: dealing with crises; 9. Sovereign debt workouts; 10. Open issues; 11. The 'original sin' problem; 12. Next steps in the debate; Appendix A: First-order differential equation; Appendix B: Conditional distributions; Index

Informations sur le produit

Titre: Private Sector Involvement and International Financial Crises
Sous-titre: An Analytical Perspective
Auteur:
Code EAN: 9780199267750
ISBN: 978-0-19-926775-0
Format: Livre Relié
Editeur: Oxford University Press
Genre: Management
nombre de pages: 224
Poids: 485g
Taille: H242mm x B163mm x T18mm
Année: 2005

Évaluations

Vue d’ensemble

Mes évaluations

Évaluez cet article