Book by Eichengreen Barry
Die Inhaltsangabe kann sich auf eine andere Ausgabe dieses Titels beziehen.
This book makes a valuable addition to the understanding of the numerous attempts and proposals for reforming the international financial system. (International Affairs)
Eichengreen shows an unerring ability to get right to the heart of the matter. For those who don't have the time or inclination to plough through endless heavy-going research papers, this book is to be heartily recommended. (Central Banking Journal)
Barry Eichengreen's slim new volume summarises the current debate on financial crises, and then takes it one stage further ... neatly and sensibly argued ... an insightful insider's analysis ... It will bring the reader up to speed on the topic in record time: everything you need to know is tidily and concisely expressed in this refreshingly accessible book, which caters for the practitioner and the novice alike. (Central Banking Journal)
In this accessible book, a leading expert provides a critical assessment of the official sector's efforts to more effectively manage financial crises in emerging markets. Professor Eichengreen reviews international initiatives on both the crisis prevention and crisis resolution fronts. While crises will always be with us, he concludes that good progress has been made in limiting their spread and strengthening the international financial system. Ironically, however, official-sector initiatives in this area may in fact have made life more difficult for the poorest countries. Initiatives to limit the incidence of crises and threats to the stability of the international financial system should therefore be linked to an increase in development assistance designed to offset the extra burdens on the poorest countries.
The other place where official efforts have fallen short is in creating new ways of resolving crises. The author argues that the old way-official sector financing through the International Monetary Fund-is part of the problem, not part of the solution. The Fund's financial operations allow investors to escape without significant losses, which in turn encourages them to lend without regard to the risks, weakening market discipline. Moreover, bailouts are inequitable. Because investors are allowed to exit and the IMF ultimately gets paid back, the residents of the crisis country end up footing the bill. This is one reason why IMF programs have come to be regarded with such animus in the developing world.
Imagining that the solution is for the official community to simply show the resolve to resist bailouts is too easy. That the International Monetary Fund has repeatedly come under pressure to extend financial assistance reflects more than a lack of political will; it reflects the inadequacy of the alternatives. At the same time, seeking to create radical new alternatives like an international bankruptcy court is too hard. It would do more to increase the efficiency of resource allocation and the stability of financial markets, the author concludes, to concentrate on more modest changes, namely the introduction of restructuring-friendly provisions into loan agreements, enhancing the capacity of creditors and debtors to resolve debt problems on their own.
„Über diesen Titel“ kann sich auf eine andere Ausgabe dieses Titels beziehen.
Gratis für den Versand innerhalb von/der USA
Versandziele, Kosten & DauerEUR 14,07 für den Versand von Vereinigtes Königreich nach USA
Versandziele, Kosten & DauerAnbieter: Better World Books, Mishawaka, IN, USA
Zustand: Good. Former library book; may include library markings. Used book that is in clean, average condition without any missing pages. Artikel-Nr. 42472581-20
Anzahl: 1 verfügbar
Anbieter: Better World Books, Mishawaka, IN, USA
Zustand: Good. Used book that is in clean, average condition without any missing pages. Artikel-Nr. 51166946-6
Anzahl: 1 verfügbar
Anbieter: Better World Books, Mishawaka, IN, USA
Zustand: Very Good. Former library book; may include library markings. Used book that is in excellent condition. May show signs of wear or have minor defects. Artikel-Nr. 16427752-6
Anzahl: 1 verfügbar
Anbieter: Better World Books Ltd, Dunfermline, Vereinigtes Königreich
Zustand: Good. Ships from the UK. Former library book; may include library markings. Used book that is in clean, average condition without any missing pages. Artikel-Nr. 42472581-20
Anzahl: 1 verfügbar
Anbieter: Ammareal, Morangis, Frankreich
Softcover. Zustand: Bon. Ancien livre de bibliothèque. Edition 2002. Ammareal reverse jusqu'à 15% du prix net de cet article à des organisations caritatives. ENGLISH DESCRIPTION Book Condition: Used, Good. Former library book. Edition 2002. Ammareal gives back up to 15% of this item's net price to charity organizations. Artikel-Nr. F-806-720
Anzahl: 1 verfügbar
Anbieter: Anybook.com, Lincoln, Vereinigtes Königreich
Zustand: Poor. This is an ex-library book and may have the usual library/used-book markings inside.This book has soft covers. Book contains pen & highlighter markings. In poor condition, suitable as a reading copy. Please note the Image in this listing is a stock photo and may not match the covers of the actual item,400grams, ISBN:9780199257447. Artikel-Nr. 3940487
Anzahl: 1 verfügbar
Anbieter: Anybook.com, Lincoln, Vereinigtes Königreich
Zustand: Good. This is an ex-library book and may have the usual library/used-book markings inside.This book has soft covers. In good all round condition. Please note the Image in this listing is a stock photo and may not match the covers of the actual item,400grams, ISBN:9780199257447. Artikel-Nr. 3940489
Anzahl: 1 verfügbar
Anbieter: Anybook.com, Lincoln, Vereinigtes Königreich
Zustand: Good. This is an ex-library book and may have the usual library/used-book markings inside.This book has soft covers. In good all round condition. Please note the Image in this listing is a stock photo and may not match the covers of the actual item,350grams, ISBN:9780199257447. Artikel-Nr. 3940488
Anzahl: 1 verfügbar
Anbieter: Ria Christie Collections, Uxbridge, Vereinigtes Königreich
Zustand: New. In. Artikel-Nr. ria9780199257447_new
Anzahl: Mehr als 20 verfügbar
Anbieter: moluna, Greven, Deutschland
Zustand: New. This work explains the patterns behind financial crises, examines international financial architecture, makes recommendations for avoiding the dangers of crises (and managing them better when they do occur), and shows how official efforts to strengthen the. Artikel-Nr. 446843944
Anzahl: Mehr als 20 verfügbar