Fiscal Aspects of Bank Restructuring

Fiscal Aspects of Bank Restructuring
Governments frequently assist troubled banks. This paper examines the fiscal aspects of such assistance: rationale, design criteria, methods, and macroeconomic implications. It concludes that (1) banks should be assisted only when there is a clear systemic risk; (2) assistance should be tied to a comprehensive restructuring program, minimize... READ MORE...

Publication date: April 1997
ISBN 9781451847215
$15.00

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