Arbeitspapier

An approach to bank insolvency in transition and emerging economies

In the light of the inequity of the way losses from bank insolvencies and their avoidance through intervention by the authorities have been distributed over creditors, depositors, owners and the population at large in transition and emerging economies, this paper explores a number of regulatory reforms that would alter the balance between seeking to avoid insolvency and lowering the costs of insolvency should it occur.In particular it considers whether a lex specialis for dealing with banks that are in trouble through prompt corrective action and if necessary resolving them if their net worth falls to zero, at little or no cost to the taxpayer can be applied in the institutional framework of transition and emerging economies.

ISBN
952-462-120-7
Sprache
Englisch

Erschienen in
Series: Bank of Finland Discussion Papers ; No. 4/2004

Klassifikation
Wirtschaft
Regulated Industries and Administrative Law
Banks; Depository Institutions; Micro Finance Institutions; Mortgages
Economic Development: Financial Markets; Saving and Capital Investment; Corporate Finance and Governance
Financial Institutions and Services: Government Policy and Regulation
Thema
insolvency
banks
transition
emerging economies

Ereignis
Geistige Schöpfung
(wer)
Mayes, David G.
Ereignis
Veröffentlichung
(wer)
Bank of Finland
(wo)
Helsinki
(wann)
2004

Handle
Letzte Aktualisierung
10.03.2025, 11:41 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Mayes, David G.
  • Bank of Finland

Entstanden

  • 2004

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