Systemic Financial Crises

Containment and Resolution

Business & Finance, Finance & Investing, Finance, Economics
Cover of the book Systemic Financial Crises by , Cambridge University Press
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: ISBN: 9781139810364
Publisher: Cambridge University Press Publication: September 26, 2005
Imprint: Cambridge University Press Language: English
Author:
ISBN: 9781139810364
Publisher: Cambridge University Press
Publication: September 26, 2005
Imprint: Cambridge University Press
Language: English

Faced with a systemic financial sector crisis, policymakers 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. The contributors explore the important but little understood trade-offs that are involved, such as between policies which take effect quickly, those which minimize long-term fiscal and economic costs, and those which create favorable incentives for future stability. Successfully implementing crisis management and crisis resolution policy required attention to detail and a good flow of information.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

Faced with a systemic financial sector crisis, policymakers 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. The contributors explore the important but little understood trade-offs that are involved, such as between policies which take effect quickly, those which minimize long-term fiscal and economic costs, and those which create favorable incentives for future stability. Successfully implementing crisis management and crisis resolution policy required attention to detail and a good flow of information.

More books from Cambridge University Press

Cover of the book The Cultural Politics of Obeah by
Cover of the book Practical Fluoroscopy of the GI and GU Tracts by
Cover of the book Stochastic Processes by
Cover of the book Short Introduction to Accounting by
Cover of the book Coherence in Three-Dimensional Category Theory by
Cover of the book The Cambridge Companion to the United States Constitution by
Cover of the book 'Trash,' Censorship, and National Identity in Early Twentieth-Century Germany by
Cover of the book Aristotelianism in the First Century BCE by
Cover of the book The Cambridge Companion to Feminist Theology by
Cover of the book Social Assistance in Developing Countries by
Cover of the book Treatable and Potentially Preventable Dementias by
Cover of the book Ethics in an Age of Surveillance by
Cover of the book Neurohospitalist Medicine by
Cover of the book Introduction to Cancer Biology by
Cover of the book The Fisherman's Cause by
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy