Market-Based Policy Instruments for Systemic Bank Restructuring /

Since the early 1980s, well over 100 countries have experienced systemic bank insolvencies. An important innovation among the resulting policies for reestablishing bank soundness has been the reliance on market-based instruments and policies, in contrast to the largely non-market-oriented approach t...

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Bibliografski detalji
Glavni autor: Bayoumi, Tamim
Daljnji autori: Masson, Paul
Format: Žurnal
Jezik:English
Izdano: Washington, D.C. : International Monetary Fund, 1998.
Serija:IMF Working Papers; Working Paper ; No. 1998/113
Online pristup:Full text available on IMF
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245 1 0 |a Market-Based Policy Instruments for Systemic Bank Restructuring /  |c Tamim Bayoumi, Paul Masson. 
264 1 |a Washington, D.C. :  |b International Monetary Fund,  |c 1998. 
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490 1 |a IMF Working Papers 
500 |a <strong>Off-Campus Access:</strong> No User ID or Password Required 
500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
506 |a Electronic access restricted to authorized BRAC University faculty, staff and students 
520 3 |a Since the early 1980s, well over 100 countries have experienced systemic bank insolvencies. An important innovation among the resulting policies for reestablishing bank soundness has been the reliance on market-based instruments and policies, in contrast to the largely non-market-oriented approach taken in the 1930s during the last big wave of banking crises. This paper surveys and assesses market-based policy instruments employed to overcome systemic bank problems. Considerations regarding the design and mix of instruments as well as cost-sharing arrangements are shown to be key aspects of effective bank restructuring. Selected country examples are used to illustrate best practices. 
538 |a Mode of access: Internet 
700 1 |a Masson, Paul. 
830 0 |a IMF Working Papers; Working Paper ;  |v No. 1998/113 
856 4 0 |z Full text available on IMF  |u http://elibrary.imf.org/view/journals/001/1998/113/001.1998.issue-113-en.xml  |z IMF e-Library