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Financial Services and the World Trade Organization
Aaditya Mattoo
其他書名
Liberalization Commitments of the Developing and Transition Economies
出版
World Bank Publications
, 1999
URL
http://books.google.com.hk/books?id=IrELzECgXQsC&hl=&source=gbs_api
EBook
SAMPLE
註釋
It is difficult to design and implement an effective safety net for banks, because overgenerous protection of banks may introduce a risk-enhancing moral hazard and destabilize the very system it is meant to protect. The safety net that policymakers design must provide the right mix of market and regulatyory discipline, enough to protect depositors without unduly undermining market discipline on banks.