Series: IMF Working Papers
Author(s): Ralph Chami , Ilhyock Shim , and Sunil Sharma
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 November 2004
Keywords: coinsurance arrangement, Samaritan&;amp;#x2019;s dilemma, King Lear's dilemma, coinsurance, repayment, debt, interest, Asymmetric and Private Information, International Economic Order, International Monetary Arrangements and Institutions,
The paper shows that a coinsurance arrangement among countries can, in principle, play a useful role in helping countries bear the risks involved in developing their economies and integrating into the global financ...