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'The majority of papers in the book are practical guides to specific aspects of dealing with crises. They discuss, inter alia , the principles that should be used in seperating viable from non-viable banks... There are also a number of case studies of systematic crises in particuar countries... Government officials in these countries should keep this volume readily at hand for the next time the sky begins to darken.' - The Financial Regulator
Bank Restructuring and Resolution
von David S. HoelscherSystemic financial crises have become a common feature of the global financial landscape. Resolution of such crises requires a complex mix of macroeconomic and financial sector policies, including the restructuring and resolution of problem banks. This volume outlines the theoretical insights that have been gained and the practical lessons learned.