05206oam 22009134 450 991081273530332120240402073611.01-4843-9876-91-4843-5526-11-4843-2429-3(CKB)2670000000530978(EBL)1644033(SSID)ssj0001193985(PQKBManifestationID)11670922(PQKBTitleCode)TC0001193985(PQKBWorkID)11148050(PQKB)10316551(MiAaPQ)EBC1644033(Au-PeEL)EBL1644033(CaPaEBR)ebr10846152(CaONFJC)MIL579024(OCoLC)871781610(IMF)FCCCPREE(IMF)FCCCPREA(EXLCZ)99267000000053097820020129d2014 uf 0engurcnu||||||||txtccrFinancial Crises : Causes, Consequences, and Policy Responses /Stijn Claessens, Ayhan Kose, Luc Laeven, Fabian Valencia1st ed.Washington, D.C. :International Monetary Fund,2014.1 online resource (671 p.)Description based upon print version of record.1-4755-4340-9 Includes bibliographical references at the end of each chapters and index.Cover -- Contents -- Foreword -- Acknowledgments -- Introduction -- Contributors -- Abbreviations -- PART I: INTRODUCTION AND DESCRIPTION OF FINANCIAL CRISES -- 1 Financial Crises: Explanations, Types, and Implications -- 2 Systemic Banking Crises -- PART II: LESSONS IN CRISIS PREVENTION AND MANAGEMENT -- 3 Financial and Sovereign Debt Crises: Some Lessons Learned and Those Forgotten -- 4 Procyclicality and the Search for Early Warning Indicators -- 5 Resilience in Latin America: Lessons from Macroeconomic Management and Financial Policies -- 6 External Imbalances and Financial Crises -- PART III: SHORT-TERM EFFECTS: CRISES, RECESSIONS, AND RECOVERIES -- 7 The Global Financial Crisis: How Similar? How Different? How Costly? -- 8 From Recession to Recovery: How Soon and How Strong? -- PART IV: MEDIUM-TERM EFFECTS: ECONOMIC GROWTH -- 9 What's the Damage? Medium-Term Output Dynamics after Financial Crises -- 10 What Have We Learned about Creditless Recoveries? -- PART V: POLICY MEASURES TO PREVENT BOOMS, MITIGATE BUSTS, AND AVOID FINANCIAL CRISES -- 11 Policies for Macro-Financial Stability: Dealing with Credit Booms and Busts -- 12 Policies for Macro-Financial Stability: Managing Real Estate Booms and Busts -- 13 Resolution of Banking Crises: The Good, the Bad, and the Ugly -- 14 How Effective Is Fiscal Policy Response in Financial Crises? -- PART VI: POLICY MEASURES TO MITIGATE THE IMPACT OF FINANCIAL CRISES -- AND THE RESTRUCTURING OF BANKS AND OF HOUSEHOLD AND SOVEREIGN DEBT -- 15 Crisis Management and Resolution: Early Lessons from the 2007-09 Financial Crisis -- 16 The Economics of Bank Restructuring: Understanding the Options -- 17 Principles of Household Debt Restructuring -- 18 Dealing with Household Debt -- 19 Restructuring Sovereign Debt: Lessons from Recent History -- Index -- A -- B -- C -- D -- E -- F -- G -- H -- I -- J -- K -- L -- M.N -- O -- P -- R -- S -- T -- U -- V -- W.The lingering effects of the economic crisis are still visible—this shows a clear need to improve our understanding of financial crises. This book surveys a wide range of crises, including banking, balance of payments, and sovereign debt crises. It begins with an overview of the various types of crises and introduces a comprehensive database of crises. Broad lessons on crisis prevention and management, as well as the short-term economic effects of crises, recessions, and recoveries, are discussed.BooksFinancial crisesFinancial crisesPreventionEconomic policyMacroeconomicsimfBanks and BankingimfForeign ExchangeimfCentral Banks and Their PoliciesimfEconomic & financial crises & disastersimfBankingimfFinancial crisesimfCentral banksimfCurrency crisesimfBanks and banking, CentralimfFinancial crises.Financial crisesPrevention.Economic policy.MacroeconomicsBanks and BankingForeign ExchangeCentral Banks and Their PoliciesEconomic & financial crises & disastersBankingFinancial crisesCentral banksCurrency crisesBanks and banking, Central338.542Claessens Stijn282431Kose Ayhan1647842Laeven Luc1593549Valencia Fabian1631788International Monetary Fund.DcWaIMFBOOK9910812735303321Financial Crises4084259UNINA