Banking Crises and Bank Resolution; Experiences in Some Transition Economies

Preprint OPEN
International Monetary Fund;
  • Subject: Government Policy and Regulation, Socialist Institutions and Their Transitions: Financial Economics, [Bulgaria;Financial crisis;Lithuania;Mongolia;transition, banking crises, bank resolution, banking, banking sector, banking crisis, banking system, Financial Institutions and Services]

Like most transition economies, Bulgaria, Lithuania, and Mongolia suffered severe banking crises, which had to be resolved before growth could resume. The macroeconomic and institutional failings that led to these crises are described, and parallels are drawn with the c... View more
Share - Bookmark