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  • Open Daily: 10am - 10pm
    Alley-side Pickup: 10am - 7pm

    3038 Hennepin Ave Minneapolis, MN
    612-822-4611

Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
Bank Crises: Causes, Analysis and Prevention

Bank Crises: Causes, Analysis and Prevention

Kaufman, George G.

Hardcover

Series: Research in Financial Services: Private and Public Policy, Book 10

Business GeneralEconomicsInvesting & Finance

ISBN10: 0762303581
ISBN13: 9780762303588
Publisher: Emerald Pub Ltd
Published: Jan 19 1999
Pages: 336
Weight: 1.34
Height: 1.00 Width: 6.56 Depth: 9.46
Language: English
The papers in this volume were presented at three invited sessions at the annual meeting of the Western Economic Association in Lake Tahoe, Nevada on June 30 and July 1, 1998. The comments of the speaker at each of these sessions are also included. The papers focus on the widespread banking and financial crises that have plagued many countries worldwide. A study by the International Monetary Fund (Lindgren, Garcia, & Saal, 1996) reported that banking crises had been experienced by nearly three-quarters of its 180-plus member countries since 1980. And this was before the current problems in Korea and Southeast Asia. Only the African continent, where banking systems are generally quite primitive, appears to have been unaffected. The papers in this volume amplify on the evidence in this area for additional countries; expand the earlier analyses; describe, discuss, and evaluate alternative procedures for resolving bank insolvencies and recapitalizing the banking system, and suggest ways of maintaining bank solvency and preventing reoccurrences of these costly crises. The papers are timely, add considerably to our storehouse of knowledge, and are likely to be of particular value to policy makers, bankers, and fellow researchers.

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