Fitoussi, Jean-Paul; Stiglitz, Joseph E. - 2009
) maintaining credit flows to the
real economy; (b) keeping financial institutions afloat; and (c) saving shareholders,
bank … officers, and particular other claimants to a bank's resources. The primary
concern of bailouts should of course be the first … fundamental revision of the governance structure and functions of the IMF
and the World Bank.
2- Reform of the international …