Fiscal Aspects of Bank Restructuring /
Governments frequently assist troubled banks. This paper examines the fiscal aspects of such assistance: rationale, design criteria, methods, and macroeconomic implications. It concludes that (1) banks should be assisted only when there is a clear systemic risk; (2) assistance should be tied to a co...
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Format: | Journal |
Language: | English |
Published: |
Washington, D.C. :
International Monetary Fund,
1997.
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Series: | IMF Working Papers; Working Paper ;
No. 1997/052 |
Online Access: | Full text available on IMF |