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Persistent link: https://www.econbiz.de/10001963142
This paper discusses, in a very general way, a system of IMF insurance against sovereign default that could be offered to private lenders and banking groups. The system could overcome many of the current issues that plague the international private lending market, such as moral hazard on the...
Persistent link: https://www.econbiz.de/10003873257
Persistent link: https://www.econbiz.de/10001388955