Bailouts or Bail-Ins? Responding to Financial Crises in Emerging Economies

Author: Nouriel RoubiniBrad Setser/Publisher: Viva BooksYear: 2006Language: EnglishPages: ISBN/UPC (if available): 8130960920 DescriptionBy far the best book written in recent years on the vexing subject of how the international community should address international financial crises of emerging market economies. Roubini and Setser put it all together: a masterful overview of theoretical issues, a skilled and accurate account of recent crises, and a wise, balanced, and judicious discussion of the policy debates.-Jeffrey D Sachs, Director of the Earth Institute, Columbia UniversityA useful tool for those confronting these crises, and a clear, accessible overview for those studying global markets.-Lawrence Summers, former US treasury secretaryA fluid and deeply informed synthesis of the recent debate on how to improve sovereign debt workouts. Roubini and Setser’s book will likely be a standard reference for many years to come.-Kenneth Rogoff, Harvard UniversityThe most intelligent and co