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Systemic financial crises
Authors: ---
ISBN: 9780511528521 9780521851855 9781107407206 9781107321946 1107321948 0521851858 1139810367 9781139810364 1107154235 9781107154230 1107316553 9781107316553 1107317517 9781107317512 1107318408 9781107318403 1299399630 9781299399631 1107315573 9781107315570 0511528523 1107407206 Year: 2005 Publisher: Cambridge Cambridge University Press

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Abstract

This book was first published in 2005. Faced with a systemic financial sector crisis, policymakers need to make difficult choices under pressure. Based on the experience of many countries in recent years, few have been able to achieve a speedy, lasting and low-cost resolution. This volume considers the strengths and weaknesses of the various policy options, covering both microeconomic (including recapitalization of banks, bank closures, subsidies for distressed borrowers, capital adequacy rules and corporate governance and bankruptcy law requirements) and macroeconomic (including monetary and fiscal policy) dimensions. The contributors explore the important but little understood trade-offs that are involved, such as between policies which take effect quickly, those which minimize long-term fiscal and economic costs, and those which create favorable incentives for future stability. Successfully implementing crisis management and crisis resolution policy required attention to detail and a good flow of information.

International Finance and Financial Crises
Authors: --- --- --- ---
ISBN: 1557758344 1455296317 9786613848239 1455282065 1455278963 1283535785 9781455278961 9781557758347 0792385799 9780792385790 Year: 1999 Publisher: Boston Washington D.C.

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This book contains the proceedings of a conference held in honor of Robert P. Flood Jr. Contributors to the conference were invited to address many of the topics that Robert Flood has explored including regime switching, speculative attacks, bubbles, stock market voloatility, macro models with nominal rigidities, dual exchange rates, target zones, and rules versus discretion in monetary policy. The results, contained in this volume, include five papers on topics in international finance.

Keywords

339.7 --- 338.124.4 --- 338.974 --- 336.748.8 IMF --- Financial crises --- AA / International- internationaal --- 333.17 --- 382.20 --- 333.481 --- NBB congres --- International finance --- 332 --- Crashes, Financial --- Crises, Financial --- Financial crashes --- Financial panics --- Panics (Finance) --- Stock exchange crashes --- Stock market panics --- Crises --- Business cycles --- International monetary system --- International money --- Finance --- International economic relations --- 338.124.4 Conjunctuurtheorie. Hoogconjunctuur. Laagconjunctuur. Depressie. Recessie. Crisis --- Conjunctuurtheorie. Hoogconjunctuur. Laagconjunctuur. Depressie. Recessie. Crisis --- 339.7 Internationale financien. Buitenlands betalingsverkeer --(z.o {336}) --- Internationale financien. Buitenlands betalingsverkeer --(z.o {336}) --- economische crisis - economische depressie - economische recessie --- Internationaal Monetair Fonds - IMF --- Crises, saneringen en hervormingen van het bankwezen. --- Internationale betalingen en betalingsbalans: algemeenheden. --- Monetaire crisissen, hervormingen, saneringen en stabilisering. --- Flood, Robert P. --- Crises, saneringen en hervormingen van het bankwezen --- Monetaire crisissen, hervormingen, saneringen en stabilisering --- Internationale betalingen en betalingsbalans: algemeenheden --- Financial crises. --- International finance. --- Banks and Banking --- Inflation --- Investments: General --- Labor --- Macroeconomics --- Foreign Exchange --- Investment --- Capital --- Intangible Capital --- Capacity --- Price Level --- Deflation --- International Investment --- Long-term Capital Movements --- Unemployment: Models, Duration, Incidence, and Job Search --- Financial Crises --- Labour --- income economics --- Economic & financial crises & disasters --- Currency --- Foreign exchange --- Return on investment --- Foreign direct investment --- Banking --- Wages --- National accounts --- Prices --- Balance of payments --- Conventional peg --- Saving and investment --- Unemployment --- Investments, Foreign --- United States

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