The study provides two recent analyses, spurred by the recent East Asian crisis, of government responses to financial distress, and, also presents a comprehensive database on systemic, and borderline banking crises. In the first chapter, the authors review the tradeoffs involved in public policies for systemic, financial, and corporate sector restructuring. They find that consistent policies are crucial for success, though such consistency is often...
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INFORMATION
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2002/01/31
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Publication
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WDP428
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1
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1
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2010/07/01
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Disclosed
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Managing the real and fiscal effects of banking crises
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systemic crisis