A Taxonomy of Financial Crisis Resolution Mechanisms: Cross-Country Experience

The goals of financial restructuring are to re-establish the creditor-debtor relationships upon which the economy depends for an efficient allocation of capital, and to accomplish that objective at minimal cost. Costs include direct costs to taxpa...

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Bibliographic Details
Main Authors: Calomiris, Charles W, Klingebiel, Daniela, Laeven, Luc
Format: Policy Research Working Paper
Language:English
en_US
Published: World Bank, Washington, D.C. 2013
Subjects:
Online Access:http://documents.worldbank.org/curated/en/2004/08/5112352/taxonomy-financial-crisis-resolution-mechanisms-cross-country-experience
http://hdl.handle.net/10986/14154