Indonesia : Anatomy of a Banking Crisis Two Years of Living Dangerously 1997-99 /

This study looks at the first two years of the banking crisis that erupted in Indonesia in late 1997. It finds that the banking sector was weak at the outset, and that governance problems intensified the crisis and seriously delayed its resolution. Although a strategy was put in place over the initi...

Descrición completa

Detalles Bibliográficos
Autor Principal: Kovanen, Arto
Outros autores: Baldwin, Barbara, Enoch, Charles, Frecaut, Olivier
Formato: Revista
Idioma:English
Publicado: Washington, D.C. : International Monetary Fund, 2001.
Series:IMF Working Papers; Working Paper ; No. 2001/052
Acceso en liña:Full text available on IMF
LEADER 03074cas a2200277 a 4500
001 AALejournalIMF001465
008 230101c9999 xx r poo 0 0eng d
020 |c 5.00 USD 
020 |z 9781451847253 
022 |a 1018-5941 
040 |a BD-DhAAL  |c BD-DhAAL 
100 1 |a Kovanen, Arto. 
245 1 0 |a Indonesia :   |b Anatomy of a Banking Crisis Two Years of Living Dangerously 1997-99 /  |c Arto Kovanen, Olivier Frecaut, Barbara Baldwin, Charles Enoch. 
264 1 |a Washington, D.C. :  |b International Monetary Fund,  |c 2001. 
300 |a 1 online resource (139 pages) 
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 This study looks at the first two years of the banking crisis that erupted in Indonesia in late 1997. It finds that the banking sector was weak at the outset, and that governance problems intensified the crisis and seriously delayed its resolution. Although a strategy was put in place over the initial months, protracted delays in implementation led to an explosion in the costs of resolution. By end-1999, the critical elements to reconstruct the banking system were in place, and the political transition seemed completed; but, in a continuing unsettled environment, the new authorities still faced daunting challenges. This study looks at the first two years of the banking crisis that erupted in Indonesia in late 1997. It finds that the banking sector was weak at the outset, and that governance problems intensified the crisis and seriously delayed its resolution. Although a strategy was put in place over the initial months, protracted delays in implementation led to an explosion in the costs of resolution. By end-1999, the critical elements to reconstruct the banking system were in place, and the political transition seemed completed; but, in a continuing unsettled environment, the new authorities still faced daunting challenges. This study looks at the first two years of the banking crisis that erupted in Indonesia in late 1997. It finds that the banking sector was weak at the outset, and that governance problems intensified the crisis and seriously delayed its resolution. Although a strategy was put in place over the initial months, protracted delays in implementation led to an explosion in the costs of resolution. By end-1999, the critical elements to reconstruct the banking system were in place, and the political transition seemed completed; but, in a continuing unsettled environment, the new authorities still faced daunting challenges. 
538 |a Mode of access: Internet 
700 1 |a Baldwin, Barbara. 
700 1 |a Enoch, Charles. 
700 1 |a Frecaut, Olivier. 
830 0 |a IMF Working Papers; Working Paper ;  |v No. 2001/052 
856 4 0 |z Full text available on IMF  |u http://elibrary.imf.org/view/journals/001/2001/052/001.2001.issue-052-en.xml  |z IMF e-Library