Systemic financial crises : containment and resolution /
Systemic financial crises : containment and resolution /
edited by Patrick Honohan, Luc Laeven.
- Cambridge, U.K. ; New York, NY : Cambridge University Press, 2005.
- 1 online resource (xi, 384 pages)
Includes bibliographical references and index.
Introduction and overview / Patrick Honohan and Luc Laeven -- Financial crisis policies and resolution mechanisms: a taxonomy from cross-country experience / Charles W. Calomiris, Daniele Klingebiel, and Luc Laeven -- Pitfalls in managing closures of financial institutions / Carl-Johan Lindgren -- Fiscal, monetary, and incentive implications of bank recapitalization / Patrick Honohan -- Policies for banking crises: a theoretical framework / Rafael Repullo -- Crisis resolution, policies, and institutions: empirical evidence / Stijn Claessens, Daniela Klingebiel, and Luc Laeven -- Financial crises and the presence of foreign banks / Adrian Tschoegl -- Maximizing the value of distressed assets: bankruptcy law and the efficient reorganization of firms / David Smith and Per Strömberg -- Crisis resolution and credit allocation: the case of Japan / Joe Peek and Eric Rosengren -- Appendix: banking crisis database.
"Faced with a systemic financial sector crisis, policy makers need to make difficult choices under pressure. Based on the experience of many countries in recent years, few have been able to achieve a speedy, lasting, and low-cost resolution. This volume considers the strengths and weaknesses of the various policy options, covering both microeconomic (including recapitalization of banks, bank closures, subsidies for distressed borrowers, capital adequacy rules, and corporate governance and bankruptcy law requirements) and macroeconomic (including monetary and fiscal policy) dimensions."--Jacket
English.
9781107321946 (electronic bk.) 1107321948 (electronic bk.) 1139810367 9781139810364 1107154235 9781107154230 1107316553 9781107316553 1107317517 9781107317512 1107318408 9781107318403 1299399630 9781299399631 1107315573 9781107315570 0511528523 9780511528521 9781107407206 (paperback) 1107407206
Financial crises.
BUSINESS & ECONOMICS--Economics--Microeconomics.
Financial crises.
Bankenkrise
Finanzpolitik
Electronic books.
Aufsatzsammlung.
HB3722 / .S97 2005eb
338.5/42
Includes bibliographical references and index.
Introduction and overview / Patrick Honohan and Luc Laeven -- Financial crisis policies and resolution mechanisms: a taxonomy from cross-country experience / Charles W. Calomiris, Daniele Klingebiel, and Luc Laeven -- Pitfalls in managing closures of financial institutions / Carl-Johan Lindgren -- Fiscal, monetary, and incentive implications of bank recapitalization / Patrick Honohan -- Policies for banking crises: a theoretical framework / Rafael Repullo -- Crisis resolution, policies, and institutions: empirical evidence / Stijn Claessens, Daniela Klingebiel, and Luc Laeven -- Financial crises and the presence of foreign banks / Adrian Tschoegl -- Maximizing the value of distressed assets: bankruptcy law and the efficient reorganization of firms / David Smith and Per Strömberg -- Crisis resolution and credit allocation: the case of Japan / Joe Peek and Eric Rosengren -- Appendix: banking crisis database.
"Faced with a systemic financial sector crisis, policy makers need to make difficult choices under pressure. Based on the experience of many countries in recent years, few have been able to achieve a speedy, lasting, and low-cost resolution. This volume considers the strengths and weaknesses of the various policy options, covering both microeconomic (including recapitalization of banks, bank closures, subsidies for distressed borrowers, capital adequacy rules, and corporate governance and bankruptcy law requirements) and macroeconomic (including monetary and fiscal policy) dimensions."--Jacket
English.
9781107321946 (electronic bk.) 1107321948 (electronic bk.) 1139810367 9781139810364 1107154235 9781107154230 1107316553 9781107316553 1107317517 9781107317512 1107318408 9781107318403 1299399630 9781299399631 1107315573 9781107315570 0511528523 9780511528521 9781107407206 (paperback) 1107407206
Financial crises.
BUSINESS & ECONOMICS--Economics--Microeconomics.
Financial crises.
Bankenkrise
Finanzpolitik
Electronic books.
Aufsatzsammlung.
HB3722 / .S97 2005eb
338.5/42