Part I Worldwide Experience with Bank Fragility
  • 1 0000000404811396https://isni.org/isni/0000000404811396International Monetary Fund
  • | 2 0000000404811396https://isni.org/isni/0000000404811396International Monetary Fund

Abstract

Since 1980, over 130 countries, comprising almost three fourths of the International Monetary Fund’s member countries, have experienced significant banking sector problems (see Figure 1 and the annex to Part I). Developing and industrial market economies alike have been affected—as have all economies in transition. Their experiences demonstrate that chronic weaknesses and crises in banking can have significant costs and highlight the importance of a sound banking sector for macroeconomic stability and the efficient conduct of stabilization programs. They also underscore the influence of macroeconomic and structural policies on the soundness of a country’s banking system.

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