Country Insurance

Country Insurance
In this paper, we examine how the presence of country insurance schemes affects policymakers' incentives to undertake reforms. Such schemes (especially when made contingent on negative external shocks) are more likely to foster than to delay reform in crisis-prone volatile economies. The consequences of country insurance, however, hinge on the... READ MORE...

Publication date: August 2004
ISBN 9781451856859
$15.00

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