Systemic Financial Crises: Resolving Large Bank InsolvenciesAuthor :
Hardback
Published : Tuesday 28 June 2005
Description
Bank failures are almost a certainty at some time in the future. What is less certain is their cost to and adverse implications for macro-economies. This book reviews past insolvency resolutions, draws lessons from these resolutions, discusses impediments to efficient resolutions and recommends how to move forward.
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