Managing Systemic Banking Crises

 
Author/Editor: Marc Quintyn ; David S. Hoelscher
 
Publication Date: December 16, 2004
 
Electronic Access: Link to Abstract

 
Summary: Recent financial sector crises and their resolution have raised new issues and provided additional experiences to draw on in the future. Banking sector problems in Russia, Turkey, and a few Latin American countries occurred within the context of highly dollarized economies, high levels of sovereign debt, severely limited fiscal resources, or combinations thereof. These factors have challenged the effectiveness of many of the typical tools for bank resolution. This publication focuses on the issues raised in systemic crises, not on the resolution of individual bank problems. Based on the lessons learned during the Asian crisis, it updates the IMF’s work on the general principles, strategies, and techniques for managing these crises.
 
Series: Occasional Paper No. 224

 
Chinese
Publication Date: December 16, 2004
ISBN/ISSN: 9787504935410 Format: Paper
Stock No: S224CA Pages: 80
Price:
US$25.00
 
 
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