TY - BOOK AU - Honohan,Patrick AU - Laeven,Luc TI - Systemic financial crises: containment and resolution SN - 9781107321946 AV - HB3722 .S97 2005eb U1 - 338.5/42 22 PY - 2005/// CY - Cambridge, U.K., New York, NY PB - Cambridge University Press KW - Financial crises KW - BUSINESS & ECONOMICS KW - Economics KW - Microeconomics KW - bisacsh KW - fast KW - Bankenkrise KW - gnd KW - Finanzpolitik KW - Electronic books KW - Aufsatzsammlung N1 - 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 N2 - "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 UR - https://search.ebscohost.com/login.aspx?direct=true&scope=site&db=nlebk&AN=529320 ER -