Of course, envisaging public support in exceptional circumstances should not undermine  efforts to reduce forms of moral hazard that can lead to excessive risk-taking by banks.
Of course, as emergingmarket countries switched from being net borrowers to being net lenders, they began to pay down their international debts and to acquire assets of industrial countries. statistical discrepancies, both within the national income and product accounts (NIPA) and between the balance of payments definitions and NIPA definitions of certain international transactions.