{"product_id":"bailouts-or-bail-ins-nouriel-roubini-9780881323719","title":"Bailouts or Bail-Ins?: Responding to Financial Crises in Emerging Economies","description":"\u003cp\u003eRoughly once a year, the managing director of the International Monetary Fund, the US treasury secretary and in some cases the finance ministers of other G-7 countries will get a call from the finance minister of a large emerging market economy. The emerging market finance minister will indicate that the country is rapidly running out of foreign reserves, that it has lost access to international capital markets and, perhaps, that is has lost the confidence of its own citizens. Without a rescue loan, it will be forced to devalue its currency and default either on its government debt or on loans to the country's banks that the government has guaranteed. \u003c\/p\u003e\u003cp\u003e\u003c\/p\u003eThis book looks at these situations and the options available to alleviate the problem. It argues for a policy that recognizes that every crisis is different and that different cases need to be handled within a framework that provides consistency and predictability to borrowing countries as well as those who invest in their debt.\u003cbr\u003e\u003cbr\u003e\u003cb\u003eAuthor:\u003c\/b\u003e Nouriel Roubini, Brad Setser\u003cbr\u003e\u003cb\u003eISBN-10:\u003c\/b\u003e 0881323713\u003cbr\u003e\u003cb\u003eISBN-13:\u003c\/b\u003e 9780881323719\u003cbr\u003e\u003cb\u003ePublisher:\u003c\/b\u003e Peterson Institute for International Economic\u003cbr\u003e\u003cb\u003eLanguage:\u003c\/b\u003e English\u003cbr\u003e\u003cb\u003ePublished:\u003c\/b\u003e 04\/30\/2004\u003cbr\u003e\u003cb\u003ePages:\u003c\/b\u003e 348\u003cbr\u003e\u003cb\u003eFormat:\u003c\/b\u003e Paperback\u003cbr\u003e\u003cb\u003eWeight:\u003c\/b\u003e 1.35lbs\u003cbr\u003e\u003cb\u003eSize:\u003c\/b\u003e 9.06h x 6.02w x 0.83d\u003cbr\u003e\u003cbr\u003e\u003cb\u003eReview Citation(s): \u003c\/b\u003e\u003cbr\u003e\u003ci\u003eChoice\u003c\/i\u003e 03\/01\/2005 pg. 1278","brand":"Nouriel Roubini","offers":[{"title":"Paperback","offer_id":43926749577471,"sku":"9780881323719","price":29.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0662\/2982\/9887\/products\/img_7c971acf-1cc0-4c46-93e9-4ed4e4f28f8d.jpg?v=1681084799","url":"https:\/\/www.whiterainbookhouse.com\/products\/bailouts-or-bail-ins-nouriel-roubini-9780881323719","provider":"WR Book House","version":"1.0","type":"link"}