Financial Sector Inefficiencies and Coordination Failures is popular PDF and ePub book, written by Pierre-Richard Agénor in 1999, it is a fantastic choice for those who relish reading online the Crisis management genre. Let's immerse ourselves in this engaging Crisis management book by exploring the summary and details provided below. Remember, Financial Sector Inefficiencies and Coordination Failures can be Read Online from any device for your convenience.
Financial Sector Inefficiencies and Coordination Failures Book PDF Summary
In a country where financial intermediation is highly inefficient (with the enforcement costs of loan contracts very high, for example), or in one experiencing great volatility and large adverse shocks in output, the likelihood of an inefficient equilibrium is great. In East Asia it may be in the interests of both debtors and creditors to collectively reduce the face value of debt, to reduce inefficiencies in the financial sector.
Detail Book of Financial Sector Inefficiencies and Coordination Failures PDF
- Author : Pierre-Richard Agénor
- Release : 21 September 1999
- Publisher : Unknown
- ISBN : UCSD:31822026192724
- Genre : Crisis management
- Total Page : 28 pages
- Language : English
- PDF File Size : 9,9 Mb
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