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How Factors in Creditor Countries Affect Secondary Market Prices for Developing Country Debt
Sule ÖzlerHarry Huizinga
出版International Economics Department, World Bank, 1991
URLhttp://books.google.com.hk/books?id=_B6yAAAAIAAJ&hl=&source=gbs_api
註釋Flat-rate deposit insurance, combined with limited liability, encourage banks - especially poorly capitalized banks - to gamble with depositors' money. A bank's heavy exposure in developing country debt increases the secondary market price ; strong bank capitalization decreases it.