Recent financial sector crises and their resolution have raised new issues and provided additional experiences to draw on in the future. Banking sector problems in Russia, Turkey, and a few Latin American countries occurred within the context of highly dollarized economies, high levels of sovereign debt, severely limited fiscal resources, or combinations thereof. These factors have challenged the effectiveness of many of the typical tools for bank resolution. Managing Systemic Banking Crises focuses on the issues raised in systemic crises, not on the resolution of individual bank problems. Based on the lessons learned during the Asian crisis, it updates the IMF's work on the general principles, strategies, and techniques for managing these crises.
- ISBN13 9781589062245
- Publish Date 30 August 2003
- Publish Status Active
- Out of Print 8 December 2016
- Publish Country US
- Imprint International Monetary Fund (IMF)
- Format Paperback
- Pages 65
- Language English