Demirguc-Kunt, Asli; Serven, Luis - Economics Research, World Bank Group - 2009
existing bond or loan contracts, but use the time to work out a replacement contract
structure, with the help of courts and or …)
Keywords: Financial crisis, Regulation and Supervision, Safety Nets, Role of State in
Finance, Monetary Policy, Asset Bubbles … bank runs and capital outflows.
Also questioned is the wisdom of a monetary policy narrowly focused on goods prices …