What are the advantages and disadvantages of having the IMF as an international lender of last resort?

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The Economics of Money Banking and Financial Markets

ISBN: 978-0321785701

5th Canadian edition

Authors: Frederic S. Mishkin, Apostolos Serletis

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Question Posted: Nov 09, 2018 12:19 PM

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What are the advantages and disadvantages of having the IMF as an international lender of last resort?

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Central banks in emerging market countries can have limited ability to act as a lender of las...View the full answer

The Economics of Money Banking and Financial Markets

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