Introduction: International Financial Crisis: What Role for Government?
By The Cato Journal
- Release Date: 2003-03-22
- Genre: Politics & Current Events
Introduction: International Financial Crisis: What Role for Government? The Cato Journal Book Review Score: ★★★★★ 5/5 stars
If investment flows are to continue to emerging economics, a new means must be found to bring predictability to the resolution of unsustainable sovereign debt. But will this be imposed by flat or evolve though market forces? Will the IMF return to its original mandate or extend its command and control over developing nations and markets? ... The outcome will determine the wealth and well-being of the globe's developing countries. --Adam Lerrick and Allan H. Meltzer (2002: 1)
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