1.

Record Nr.

UNINA9910813613403321

Titolo

Systemic financial crises [[electronic resource] ] : resolving large bank insolvencies / / editors, Douglas D. Evanoff, George G. Kaufman

Pubbl/distr/stampa

Hackensack, NJ, : World Scientific, c2005

ISBN

1-281-37258-7

9786611372583

981-256-947-2

Edizione

[1st ed.]

Descrizione fisica

1 online resource (474 p.)

Altri autori (Persone)

EvanoffDouglas Darrell <1951->

KaufmanGeorge G

Disciplina

332.1

Soggetti

Bank failures

Financial crises

Bank failures - Government policy

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Papers presented at the seventh annual international conference, held on Sept. 30-Oct. 1, 2004.

Nota di bibliografia

Includes bibliographical references and index.

Nota di contenuto

Acknowledgments; Preface; Contents; KEYNOTE ADDRESSES; FINANCIAL STABILITY - PROTECTING SOLVENCY; THE COST OF INEFFICIENT RESOLUTION OF LARGE FINANCIAL INSTITUTIONS; KEY POLICY CHALLENGES IN FINANCIAL RESOLUTION: CROSS-BORDER ISSUES; KEY POLICY CHALLENGES IN FINANCIAL INSTITUTION RESOLUTION: ADDITIONAL COMPLEXITIES; LESSONS FROM CASE STUDIES OF LARGE INSOLVENCIES; PLANNING FOR EFFICIENT RESOLUTION - WHERE TO FROM HERE?; Agenda; Index

Sommario/riassunto

Bank failures, like illness and taxes, are almost a certainty at sometime in the future. What is less certain is their cost to and adverseimplications for macroeconomies. Past failures have frequently beenresolved at very high cost to society. However, the cost could bereduced through having a well-developed, credible and widelypublicized plan ready to put into action by policymakers.