Frankel, Jeffrey A.; Roubini, Nouriel - 2021
in debtor countries, public funds from creditor countries, and private sector involvement; and (3) efforts to reform the … international financial architecture, with the aim of lessening the frequency and severity of future crises. A recurrent theme is … the tension between mitigating crises that occur, and the moral hazard that such efforts create in the longer term. In …