Systemic financial crises: containment and resolution
This book was first published in 2005. 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...
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Format: | Elektronisch E-Book |
Sprache: | English |
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Cambridge
Cambridge University Press
2005
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Online-Zugang: | BSB01 UBG01 Volltext |
Zusammenfassung: | This book was first published in 2005. 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 |
Beschreibung: | Title from publisher's bibliographic system (viewed on 05 Oct 2015) |
Beschreibung: | 1 online resource (xi, 384 pages) |
ISBN: | 9780511528521 |
DOI: | 10.1017/CBO9780511528521 |
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505 | 8 | |a 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 | |
520 | |a This book was first published in 2005. 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 | ||
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Datensatz im Suchindex
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any_adam_object | |
author2 | Honohan, Patrick Laeven, Luc |
author2_role | edt edt |
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author_facet | Honohan, Patrick Laeven, Luc |
building | Verbundindex |
bvnumber | BV043926567 |
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collection | ZDB-20-CBO |
contents | 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 |
ctrlnum | (ZDB-20-CBO)CR9780511528521 (OCoLC)967418171 (DE-599)BVBBV043926567 |
dewey-full | 338.5/42 |
dewey-hundreds | 300 - Social sciences |
dewey-ones | 338 - Production |
dewey-raw | 338.5/42 |
dewey-search | 338.5/42 |
dewey-sort | 3338.5 242 |
dewey-tens | 330 - Economics |
discipline | Wirtschaftswissenschaften |
doi_str_mv | 10.1017/CBO9780511528521 |
format | Electronic eBook |
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isbn | 9780511528521 |
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spelling | Systemic financial crises containment and resolution edited by Patrick Honohan, Luc Laeven Cambridge Cambridge University Press 2005 1 online resource (xi, 384 pages) txt rdacontent c rdamedia cr rdacarrier Title from publisher's bibliographic system (viewed on 05 Oct 2015) 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 This book was first published in 2005. 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 Financial crises Bankpolitik (DE-588)4004470-1 gnd rswk-swf Währungskrise (DE-588)4396352-3 gnd rswk-swf Finanzpolitik (DE-588)4127795-8 gnd rswk-swf Bankenkrise (DE-588)4209657-1 gnd rswk-swf 1\p (DE-588)4143413-4 Aufsatzsammlung gnd-content Bankenkrise (DE-588)4209657-1 s Währungskrise (DE-588)4396352-3 s Bankpolitik (DE-588)4004470-1 s Finanzpolitik (DE-588)4127795-8 s 2\p DE-604 Honohan, Patrick edt Laeven, Luc edt Erscheint auch als Druckausgabe 978-0-521-85185-5 Erscheint auch als Druckausgabe 978-1-107-40720-6 https://doi.org/10.1017/CBO9780511528521 Verlag URL des Erstveröffentlichers Volltext 1\p cgwrk 20201028 DE-101 https://d-nb.info/provenance/plan#cgwrk 2\p cgwrk 20201028 DE-101 https://d-nb.info/provenance/plan#cgwrk |
spellingShingle | Systemic financial crises containment and resolution 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 Financial crises Bankpolitik (DE-588)4004470-1 gnd Währungskrise (DE-588)4396352-3 gnd Finanzpolitik (DE-588)4127795-8 gnd Bankenkrise (DE-588)4209657-1 gnd |
subject_GND | (DE-588)4004470-1 (DE-588)4396352-3 (DE-588)4127795-8 (DE-588)4209657-1 (DE-588)4143413-4 |
title | Systemic financial crises containment and resolution |
title_auth | Systemic financial crises containment and resolution |
title_exact_search | Systemic financial crises containment and resolution |
title_full | Systemic financial crises containment and resolution edited by Patrick Honohan, Luc Laeven |
title_fullStr | Systemic financial crises containment and resolution edited by Patrick Honohan, Luc Laeven |
title_full_unstemmed | Systemic financial crises containment and resolution edited by Patrick Honohan, Luc Laeven |
title_short | Systemic financial crises |
title_sort | systemic financial crises containment and resolution |
title_sub | containment and resolution |
topic | Financial crises Bankpolitik (DE-588)4004470-1 gnd Währungskrise (DE-588)4396352-3 gnd Finanzpolitik (DE-588)4127795-8 gnd Bankenkrise (DE-588)4209657-1 gnd |
topic_facet | Financial crises Bankpolitik Währungskrise Finanzpolitik Bankenkrise Aufsatzsammlung |
url | https://doi.org/10.1017/CBO9780511528521 |
work_keys_str_mv | AT honohanpatrick systemicfinancialcrisescontainmentandresolution AT laevenluc systemicfinancialcrisescontainmentandresolution |