Most countries lack an effective framework for dealing with failing systemically important financial institutions (SIFIs). This report argues that any serious attempt to stabilize the global financial system must include carefully crafted policies for restructuring these ""too big to fail"" cross-border institutions. The report recommends approaches for resolving SIFIs in a way that will maintain national sovereignty, enhance international financial integration, and preserve financial stability. Copublished with the International Center for Monetary and Banking Studies (ICMB)
- ISBN13 9781907142093
- Publish Date 30 August 2010
- Publish Status Active
- Publish Country GB
- Imprint Centre for Economic Policy Research
- Format Paperback
- Pages 150
- Language English