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Central banking reform and overcoming the moral hazard problem : (Record no. 25319)

000 -LEADER
fixed length control field 01900naa a2200229uu 4500
001 - CONTROL NUMBER
control field 7121320173119
003 - CONTROL NUMBER IDENTIFIER
control field OSt
005 - DATE AND TIME OF LATEST TRANSACTION
control field 20190212105828.0
008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION
fixed length control field 071213s2001 bl ||||gr |0|| 0 por d
999 ## - SYSTEM CONTROL NUMBERS (KOHA)
Koha Dewey Subclass [OBSOLETE] PHL2MARC21 1.1
041 ## - LANGUAGE CODE
Language code of text/sound track or separate title por
100 1# - MAIN ENTRY--PERSONAL NAME
Personal name SOLA, Lourder
9 (RLIN) 33354
245 10 - TITLE STATEMENT
Title Central banking reform and overcoming the moral hazard problem :
Remainder of title the case of Brasil
260 ## - PUBLICATION, DISTRIBUTION, ETC.
Place of publication, distribution, etc. São Paulo :
Name of publisher, distributor, etc. Editora 34,
Date of publication, distribution, etc. jul./set./2001
520 3# - SUMMARY, ETC.
Summary, etc. The implicit assumption that governments will bailout financial institutuons under distress can generate negative incentives for the development of a sound financial system. This paper begins from the premise that these negative incentives, which create a situation of moral bazard, is essentially a political problem rather than a technical problem over generating correct institutional incentives. In the brazilian case, we argue the current administration of Fernando Henrique Cardoso was only able to significantly reduce its moral bazard problem in the financial sector through distancing its political relationship with two important political actors: the private financial state governors. The ability of the government to eliminate the implicit assumption of an eventual Central Bank bailout over public and private commiercial banks was only made possible through a series of political conditions, which includes the end of hvper-inflation under the Real Plan, that reduced the government's dependence upon those two important political actors
590 ## - LOCAL NOTE (RLIN)
Local note Revista de Economia Política 2001
590 ## - LOCAL NOTE (RLIN)
Local note v. 21, n. 3(83)
700 1# - ADDED ENTRY--PERSONAL NAME
Personal name GARAMAN, Christopher da Cunha Bueno
9 (RLIN) 33355
700 1# - ADDED ENTRY--PERSONAL NAME
Personal name MARQUES, Moisés S
9 (RLIN) 33356
773 08 - HOST ITEM ENTRY
Title Revista de Economia Política = Brazilian Journal of Political Economy
Related parts 21, 3, p. 40-64
Place, publisher, and date of publication São Paulo : Editora 34, jul./set./2001
International Standard Serial Number ISSN 01013157
Record control number
942 ## - ADDED ENTRY ELEMENTS (KOHA)
Koha item type Periódico
998 ## - LOCAL CONTROL INFORMATION (RLIN)
-- 20071213
Operator's initials, OID (RLIN) 2017^b
Cataloger's initials, CIN (RLIN) Mariana
998 ## - LOCAL CONTROL INFORMATION (RLIN)
-- 20140205
Operator's initials, OID (RLIN) 1538^b
Cataloger's initials, CIN (RLIN) karina

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