The Resource Resolution of banking crises : the good, the bad, and the ugly, prepared by Luc Laeven, Fabian Valencia

Resolution of banking crises : the good, the bad, and the ugly, prepared by Luc Laeven, Fabian Valencia

Label
Resolution of banking crises : the good, the bad, and the ugly
Title
Resolution of banking crises
Title remainder
the good, the bad, and the ugly
Statement of responsibility
prepared by Luc Laeven, Fabian Valencia
Creator
Contributor
Author
Issuing body
Subject
Language
eng
Summary
"This paper presents a new database of systemic banking crises for the period 1970-2009. While there are many commonalities between recent and past crises, both in terms of underlying causes and policy responses, there are some important differences in terms of the scale and scope of interventions. Direct fiscal costs to support the financial sector were smaller this time as a consequence of swift policy action and significant indirect support from expansionary monetary and fiscal policy, the widespread use of guarantees on liabilities, and direct purchases of assets. While these policies have reduced the real impact of the current crisis, they have increased the burden of public debt and the size of government contingent liabilities, raising concerns about fiscal sustainability in some countries
Member of
Cataloging source
SIMAS
Illustrations
illustrations
Index
no index present
LC call number
  • HB3722
  • HG3810
LC item number
.L438 2010eb
Literary form
non fiction
Nature of contents
  • dictionaries
  • bibliography
Series statement
IMF working paper
Series volume
WP/10/146
Label
Resolution of banking crises : the good, the bad, and the ugly, prepared by Luc Laeven, Fabian Valencia
Publication
Note
  • "June 2010."
  • At head of title: Research Department
Bibliography note
Includes bibliographical references (page 29)
http://library.link/vocab/branchCode
  • net
Carrier category
online resource
Carrier category code
cr
Carrier MARC source
rdacarrier
Color
multicolored
Content category
text
Content type code
txt
Content type MARC source
rdacontent
Contents
  • Cover Page; Title Page; Copyright Page; Contents; I. Introduction; II. The 2007-2009 Global Crisis: A Synopsis; III. Which Countries Had a Systemic Banking Crisis in 2007-2009?; 1. Systemic Banking Crises, 2007-2009; 2. Banking Crisis Start and End Dates; IV. Policy Responses in the 2007-2009 Crises: What Is New?; 1. Foreign Claims by Nationality of Reporting Banks; 2. Emergency Central Bank Liquidity Support; 3. Monetary Expansion; 4. Timing of Recapitalization Policies; 5. Bank Failures and Interventions in Selected Countries; 1. U.S. Bank Failures: Past and Present
  • 6. U.S. Bank Failures: Fraction of Failed Banks7. U.S. Bank Failures: Market Share of Failed Banks; 8. U.S. Bank Failures: Loss Rates on Assets of Failed Banks; 3. Market Capitalization of Top 30 Banks Worldwide, by Nationality; V. How Costly Are the 2007-2009 Systemic Banking Crises?; 4. Summary of the Cost of Banking Crises; 9. Direct Fiscal Costs; 10. Increase in Public Debt; 11. Increase in Public Debt and Direct Fiscal Costs; 12. Output Losses; VI. Concluding Remarks; A.1. Systemic Banking Crises Policy Responses; A.2. Preemptive Responses in Selected G-20 Countries
  • A.3. Direct Fiscal Outlays, Recoveries to Date, and Asset GuaranteesA. 4. Top 30 Banks in the World By Market Capitalization; Footnotes
Control code
ocn642648410
Dimensions
unknown
Extent
1 online resource (36 pages)
Form of item
online
Isbn
9781455203130
Media category
computer
Media MARC source
rdamedia
Media type code
c
Other physical details
color illustrations
http://library.link/vocab/recordID
.b37133780
Specific material designation
remote
System control number
  • (OCoLC)642648410
  • imf1283558947

Library Locations

    • Deakin University Library - Geelong Waurn Ponds CampusBorrow it
      75 Pigdons Road, Waurn Ponds, Victoria, 3216, AU
      -38.195656 144.304955
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