Book Description
Editorial Reviews
Bailouts or Bail-ins? is masterful. It is by far the best book written in recent years on the vexing subject of how the international community should address international financial crises of emerging market economies.
Jeffrey D. Sachs, Director of the Earth Institute, Columbia University
Bailouts or Bail-ins? will prove to be a useful tool for those confronting these crises, and a clear, accessible overview for those studying global markets.
Lawrence H. Summers, President, Harvard University and Former U.S. Treasury Secretary
This is the most intelligent and comprehensive analysis yet of how the international community should respond to financial crises. . . . It will be the definitive work on this subject for some time to come.
Barry Eichengreen, George C. Pardee and Helen N. Pardee Professor of Economics and Political Science, University of California, Berkeley
A fluid and deeply informed synthesis of the recent debate on how to improve sovereign debt workouts. Roubini and Setser's book will likely be a standard reference for many years to come.
Kenneth Rogoff, Harvard University
The Rubin-Summers era policy wonks take on financial architecture, matured by distance, turbocharged with academic authority.
Jeromin Zettelmeyer, International Monetary Fund