Coping with Risk through Mismatches : Domestic and International Financial Contracts for Emerging Economies
The authors argue that short termism, dollarization, and the use of foreign jurisdictions are endogenous ways of coping with systemic risks prevalent in emerging markets. They represent a symptom at least as much as a problem. These coping mechanis...
| Main Authors: | , |
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| Format: | Policy Research Working Paper |
| Language: | English en_US |
| Published: |
World Bank, Washington, D.C.
2013
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| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/2004/02/3209013/coping-risk-through-mismatches-domestic-international-financial-contracts-emerging-economies http://hdl.handle.net/10986/14788 |