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The new international financial architecture: bail-ins, bail-outs, bail-ups and newspeak

Fane, George


The term ‘bailing in the private sector’ is used to describe several quite different proposals with the common feature that they all seek to make private lenders to developing countries share in the costs of financial or currency crises in these countries. The International Monetary Fund (IMF) regards it as one of the main pillars of the ‘new international financial architecture’ — that is, the package of proposals for reforming the international financial system that is intended to reduce the...[Show more]

CollectionsANU Research Publications
Date published: 2009-09-21T02:10:36Z
Type: Journal article
Source: Agenda: A Journal of Policy Analysis and Reform


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