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International capital markets : developments, prospects, and policy issues

By:

Goldstein, Morris... et al

Material type: Text

TextPublication details: IMF Washington, D.C.US 1992Description: vii,81pAction note:

3/7/00 M2LMGR

Summary: Focuses on how to manage the restructuring of capital markets in an environment of wide-ranging liberalization, intense competition, and growing securitization - in a way that avoids a systematic crisis as well as moral hazard risks and budgetary costs associated with public sector support of weak financial institutions.

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Focuses on how to manage the restructuring of capital markets in an environment of wide-ranging liberalization, intense competition, and growing securitization - in a way that avoids a systematic crisis as well as moral hazard risks and budgetary costs associated with public sector support of weak financial institutions.

3/7/00 M2LMGR

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