Banking Crises and Bank Resolution: Experiences in Some Transition Economies
Like most transition economies, Bulgaria, Lithuania, and Mongolia suffered severe banking crises, which had to be resolved before growth could resume. The macroeconomic and institutional failings that led to these crises are described, and parallels are drawn with the causes of banking crises in ind...
Gespeichert in:
| Körperschaft: | |
|---|---|
| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Washington, D.C
International Monetary Fund
2002
|
| Schriftenreihe: | IMF Working Papers
Working Paper No. 02/56 |
| Online-Zugang: | UBW01 UEI01 LCO01 SBR01 UER01 SBG01 UBG01 FAN01 UBT01 FKE01 UBY01 UBA01 FLA01 UBM01 UPA01 UBR01 FHA01 FNU01 BSB01 TUM01 Volltext |
| Zusammenfassung: | Like most transition economies, Bulgaria, Lithuania, and Mongolia suffered severe banking crises, which had to be resolved before growth could resume. The macroeconomic and institutional failings that led to these crises are described, and parallels are drawn with the causes of banking crises in industrial and developing countries. Resolving the crises proved technically and politically difficult, and setbacks occurred. Successful resolution required the implementation of a comprehensive and decisive strategy, involving thorough-going bank restructuring, heavy fiscal costs, and institutional and legal reforms |
| Beschreibung: | 1 Online-Ressource (70 p) |
| ISBN: | 1451847718 9781451847710 |
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| spelling | International Monetary Fund Verfasser aut Banking Crises and Bank Resolution Experiences in Some Transition Economies Washington, D.C International Monetary Fund 2002 1 Online-Ressource (70 p) txt rdacontent c rdamedia cr rdacarrier IMF Working Papers Working Paper No. 02/56 Like most transition economies, Bulgaria, Lithuania, and Mongolia suffered severe banking crises, which had to be resolved before growth could resume. The macroeconomic and institutional failings that led to these crises are described, and parallels are drawn with the causes of banking crises in industrial and developing countries. Resolving the crises proved technically and politically difficult, and setbacks occurred. Successful resolution required the implementation of a comprehensive and decisive strategy, involving thorough-going bank restructuring, heavy fiscal costs, and institutional and legal reforms Online-Ausg International Monetary Fund Sonstige oth http://elibrary.imf.org/view/IMF001/00634-9781451847710/00634-9781451847710/00634-9781451847710.xml Verlag URL des Erstveröffentlichers Volltext |
| spellingShingle | Banking Crises and Bank Resolution Experiences in Some Transition Economies |
| title | Banking Crises and Bank Resolution Experiences in Some Transition Economies |
| title_auth | Banking Crises and Bank Resolution Experiences in Some Transition Economies |
| title_exact_search | Banking Crises and Bank Resolution Experiences in Some Transition Economies |
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| title_fullStr | Banking Crises and Bank Resolution Experiences in Some Transition Economies |
| title_full_unstemmed | Banking Crises and Bank Resolution Experiences in Some Transition Economies |
| title_short | Banking Crises and Bank Resolution |
| title_sort | banking crises and bank resolution experiences in some transition economies |
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