Financial Restructuring in Banking and Corporate Sector Crises: What Policies to Pursue?
Stijn Claessens; Daniela Klingebiel; Luc Laeven;
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