The book considers when governments should give guarantees to private investors. After describing the history of guarantees, and the challenges the politics and

This volume contains six studies on current topics in macroeconomics. The first shows that while assuming rational expectations is unrealistic, a finite-horizon

This note highlights commonly observed weaknesses in the management of government guarantees, good practices, and measures governments could take to strengthen:

ÔThis enlightening volume provides an invaluable guide for those perplexed by the seemingly intractable problems of financial crises, sovereign distress, and g

This note highlights commonly observed weaknesses in the management of government guarantees, good practices, and measures governments could take to strengthen: