The study calls for a two-track strategy: first, deep multilateral liberalization involving phased but complete elimination of industrial-county protection and

Financial crises are recurring phenomena that result in the financial distress of systemically important banks, making it imperative to understand how to best r

Staff Discussion Notes showcase the latest policy-related analysis and research being developed by individual IMF staff and are published to elicit comment and

Includes a new foreword to the paperback edition.

Setting forth the building blocks of banking bailout law, this book reconstructs a regulatory framework that might better serve countries during future crisis s