Systemic Financial Crises: Containment and Resolution - Brossura

Brossura

ISBN 10: 1107407206 ISBN 13: 9781107407206

Casa editrice: Cambridge University Press, 2012

Riassunto

This book analyzes government policies to contain and resolve systemic financial crises.

Su questo libro

Recensione

"After three decades in which domestic financial crises were few and far between, they returned with a vengeance between 1980 and 2000. This book distills the wisdom of officials who have had to cope with such cases and academics who have studied them. Everyone who might become involved in such a crisis, as actor or commentator or victim, should read it, and soon. One of the foremost lessons is that there is a need to take quick, decisive action when a crisis first hits. I recommend especially the contributions on `Pitfalls in Managing Closures' and the controversial model `Policies for Banking Closures'." -Charles Goodhart, London School of Economics

"This is an important book on an important subject. It documents what crisis experience has to teach us and why it is maddeningly difficult to put these lessons into practice. " - Edward Kane, Boston College

"A valuable analysis of what has been learned about containing and resolving systemic financial crises." - Morris Goldstein, Institute for International Economics, Washington, DC

Descrizione del libro

This volume considers the strengths and weaknesses of the various policy options for systemic financial crises, 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.

Dettagli dell'edizione

• Editore: Cambridge University Press
• Data di pubblicazione: 2012
• Lingua: Inglese
• ISBN 10: 1107407206
• ISBN 13: 9781107407206
• Rilegatura: Copertina flessibile
• Numero di pagine: 398
• Redattore: Honohan Patrick
• Contatto del produttore: non disponibile
• Persona responsabile: Avery; https://www.avery.fr/; ; chemin des peupliers 27; Dardilly; Francia