Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/30692
Authors: 
Mayes , David G.
Year of Publication: 
2009
Series/Report no.: 
CESifo working paper 2823
Abstract: 
The current financial crisis has sparked intense debate about how weak banks should be resolved. Despite international efforts to coordinate and converge on such policies, national policy advice and resolution practices differ. The resolution methods adopted in the Nordic banking crises in the 1990s are generally acknowledged to include important elements of best practice”. But some of these lessons have proved hard to implement during the current crisis, and new policies have been developed as a response, particularly in the UK. Still, unresolved issues remain. These are discussed in a review of the resolution methods in the US, UK and NZ.
Subjects: 
crisis resolution
banks
special resolution regime
JEL: 
G01
G21
G28
Document Type: 
Working Paper

Files in This Item:
File
Size
634.62 kB





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.