Financial Restructuring in Banking and Corporate Sector Crises: What Policies to Pursue?

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Stijn Claessens; Daniela Klingebiel; Luc Laeven;
  • Subject:
    • jel: jel:G21 | jel:G18

We review the literature on resolving bank and corporate sector crises to identify government policies that affect the depth of a crisis and the ease and sustainability of recovery, and to analyze their fiscal cost. A consistent framework - including sufficient resource... View more
  • References (1)

    Baer, Herbert and Daniela Klingebiel, 1995, “Systematic Risk When Depositors Bear Losses: Five Case Studies”, Research in Financial Services: Private and Public Policy, Volume 7, pages 195-302.

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