Systemic Financial Crises: Resolving Large Bank Insolvencies

ISBN-13: 9789812563484 / Angielski / Twarda / 2005 / 476 str.

Douglas D. Evanoff; George G. Kaufman

Opis

Bank failures are almost a certainty at some time in the future. What is less certain is their cost to and adverse implications for macro-economies. This book reviews past insolvency resolutions, draws lessons from these resolutions, discusses impediments to efficient resolutions and recommends how to move forward.