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Three years after the onset of the global financial crisis, much has been done to reform the...

Recoveries vary considerably across countries: our paper compares recoveries in bank-based and...

This paper compares experiences with banking crises in seven countries in order to analyze the...

This paper reviews the literature on financial crises focusing on three specific aspects. First,...

Even after one of the most severe multi-year crises on record in the advanced economies, the...

After years of strong performance, Korea's economy entered a crisis in 1997, owing largely to...