06034oam 22013574 450 991079140170332120230725015903.01-4623-1583-61-4552-9293-1(CKB)2560000000052766(EBL)3014628(MiAaPQ)EBC3014628(Au-PeEL)EBL3014628(CaPaEBR)ebr10425287(OCoLC)694145307(IMF)UFSIEE(IMF)UFSIEA(EXLCZ)99256000000005276620020129d2010 uf 0engur|n|---|||||txtrdacontentcrdamediacrrdacarrierUnwinding Financial Sector Interventions : Preconditions and Practical Considerations /Michael Papaioannou, Udaibir DasWashington, D.C. :International Monetary Fund,2010.1 online resource (94 p.)Description based upon print version of record.1-58906-989-7 Preface -- Contents -- Abbreviations -- Overview -- Introductory Remarks by John Lipsky -- The Financial Crisis -- "Where Are We Now, and What Are the Prospects for Unwinding Public Interventions in the Financial Sector? -- Managing Fiscal Risks"Public Finance Aspects of Unwinding -- Financial Sector Interventions"Identifying Preconditions and Practical Considerations for Unwinding Liquidity Support and Guarantees -- Financial Crisis-Related Assets"Practical Considerations for Restoring Private Control -- Concluding Remarks by John Lipsky -- Annex: Agenda, Participants, and Summary of Deliberations.As the financial crisis abates, governments are faced with the challenge of balancing the withdrawal of fiscal support with reestablishing sound public finances and sustainable growth. This volume presents papers from an IMF-sponsored conference of senior policymakers, academics, and senior representatives of the private sector on unwinding public interventions initiated during the crisis. There was broad agreement that the main goal of any strategy for unwinding such interventions should be to create price stability, fiscal sustainability, and a new economic landscape that is much safer than currently exists. Different perspectives on the timing and sequence of the exit process are presented and some guiding principles for exit strategies are discussed. Policy objectives, unwinding public support to banks, and dealing with risky assets purchased by central banks are among topics discussed in detail. The volume also presents views on what the new financial landscape will look like.Seminar VolumesGlobal Financial Crisis, 2008-2009Government policyCongressesBanks and BankingimfFinancial Risk ManagementimfMacroeconomicsimfPublic FinanceimfIndustries: Financial ServicesimfFinance: GeneralimfBanksimfDepository InstitutionsimfMicro Finance InstitutionsimfMortgagesimfFiscal PolicyimfFinancial Institutions and Services: GeneralimfFinancial Institutions and Services: Government Policy and RegulationimfFinancial CrisesimfInterest Rates: Determination, Term Structure, and EffectsimfDebtimfDebt ManagementimfSovereign DebtimfBankingimfEconomic & financial crises & disastersimfFinanceimfPublic finance & taxationimfFinancial sectorimfFiscal policyimfDeposit insuranceimfFiscal stimulusimfEconomic sectorsimfFinancial crisesimfCentral bank policy rateimfFinancial servicesimfPublic debtimfBanks and bankingimfFinancial services industryimfCrisis managementimfInterest ratesimfDebts, PublicimfUnited StatesimfGlobal Financial Crisis, 2008-2009Government policyBanks and BankingFinancial Risk ManagementMacroeconomicsPublic FinanceIndustries: Financial ServicesFinance: GeneralBanksDepository InstitutionsMicro Finance InstitutionsMortgagesFiscal PolicyFinancial Institutions and Services: GeneralFinancial Institutions and Services: Government Policy and RegulationFinancial CrisesInterest Rates: Determination, Term Structure, and EffectsDebtDebt ManagementSovereign DebtBankingEconomic & financial crises & disastersFinancePublic finance & taxationFinancial sectorFiscal policyDeposit insuranceFiscal stimulusEconomic sectorsFinancial crisesCentral bank policy rateFinancial servicesPublic debtBanks and bankingFinancial services industryCrisis managementInterest ratesDebts, Public330.9/0511Papaioannou Michael1462126Das Udaibir1471463International Monetary Fund.DcWaIMFBOOK9910791401703321Unwinding Financial Sector Interventions3683747UNINA