Jump to Content
AREAER Online
IMF.org
Bookstore
IMF Data
MCM Data
Browse
Topics
Business and Economics
Agribusiness
Banks and Banking
Budgeting
Corporate Finance
Corporate Governance
Corporate Taxation
Crowdfunding
Econometrics
Economic Development
Economic Theory
Economics: General
Environmental Economics
Exports and Imports
Finance: General
Financial Risk Management
Forecasting
Foreign Exchange
Globalization
Industries: Automobile
Industries: Energy
Industries: Fashion and Textile
Industries: Financial Services
Industries: Food
Industries: General
Industries: Hospital,Travel and Tourism
Industries: Information Technololgy
Industries: Manufacturing
Industries: Service
Inflation
Information Management
Infrastructure
Insurance
International Economics
International Taxation
Investments: Bonds
Investments: Commodities
Investments: Derivatives
Investments: Energy
Investments: Futures
Investments: General
Investments: Metals
Investments: Mutual Funds
Investments: Options
Investments: Stocks
Islamic Banking and Finance
Labor
Macroeconomics
Money and Monetary Policy
Natural Resource Extraction
Personal Finance -Taxation
Production and Operations Management
Public Finance
Real Estate
Statistics
Sustainable Development
Taxation
Urban and Regional
Computers
Intelligence (AI) & Semantics
Cloud Computing
Computer Science
Data Processing
Data Transmission Systems
Databases
Internet: General
Management Information Systems
Online Safety & Privacy
Web Services & APIs
Web: Social Media
Health and Fitness
Diet and Nutrition
Diseases: Contagious
Diseases: AIDS and HIV
Diseases: Respiratory
Law
Banking
Business and Financial
Medical
Health Policy
Nature
Natural Resources
Environmental Conservation and Protection
Natural Disasters
Political Science
Environmental Policy
Social Services and Welfare
Agriculture & Food Policy
Civics and Citizenship
NGOs (Non-Governmental Organizations)
National and International Security
Political Economy
Science
Energy
Social Science
Women's Studies
Criminology
Demography
Emigration and Immigration
Gender Studies
Poverty and Homelessness
Technology and Engineering
Automation
Inventions
Mobile and Wireless Communications
Transportation
Aviation
Countries
Africa
Angola
Benin
Botswana
Burkina Faso
Burundi
Cabo Verde
Cameroon
Central African Republic
Chad
Comoros, Union of the
Congo, Democratic Republic of the
Congo, Republic of
Côte d'Ivoire
Equatorial Guinea, Republic of
Eritrea, The State of
Eswatini, Kingdom of
Ethiopia, The Federal Democratic Republic of
Gabon
Gambia, The
Ghana
Guinea
Guinea-Bissau
Kenya
Lesotho, Kingdom of
Liberia
Madagascar, Republic of
Malawi
Mali
Mauritius
Mozambique, Republic of
Namibia
Niger
Nigeria
Rwanda
São Tomé and Príncipe
Senegal
Seychelles
Sierra Leone
South Africa
South Sudan, Republic of
Tanzania, United Republic of
Togo
Uganda
Zambia
Zimbabwe
Asia and Pacific
Australia
Bangladesh
Bhutan
Brunei Darussalam
Cambodia
China, People's Republic of
Cook Islands
Fiji, Republic of
Hong Kong Special Administrative Region, People's Republic of China
India
Indonesia
Japan
Kiribati
Korea, Democratic People's Republic of
Korea, Republic of
Lao People's Democratic Republic
Macao Special Administrative Region, People's Republic of China
Malaysia
Maldives
Marshall Islands, Republic of the
Micronesia, Federated States of
Mongolia
Myanmar
Nauru, Republic of
Nepal
New Zealand
Norfolk Island
Palau, Republic of
Papua New Guinea
Philippines
Samoa
Singapore
Solomon Islands
Sri Lanka
Taiwan, Province of China
Thailand
Timor-Leste, Democratic Republic of
Tokelau
Tonga
Tuvalu
Vanuatu
Vietnam
Europe
land Islands
Albania
Andorra, Principality of
Austria
Belarus, Republic of
Belgium
Bermuda
Bosnia and Herzegovina
British Virgin Islands
Bulgaria
Cayman Islands
Croatia, Republic of
Cyprus
Czech Republic
Denmark
Estonia, Republic of
Faroe Islands
Finland
France
French Guiana
French Polynesia
Germany
Gibraltar
Greece
Greenland
Guernsey
Holy See
Hungary
Iceland
Ireland
Isle of Man
Israel
Italy
Jersey
Kosovo, Republic of
Latvia, Republic of
Liechtenstein
Lithuania, Republic of
Luxembourg
Malta
Martinique
Mayotte
Moldova, Republic of
Monaco
Montenegro
Netherlands, The
New Caledonia
North Macedonia, Republic of
Norway
Poland, Republic of
Portugal
Romania
Russian Federation
San Marino, Republic of
Serbia, Republic of
Slovak Republic
Slovenia, Republic of
Spain
Sweden
Switzerland
Türkiye, Republic of
Turks and Caicos Islands
Ukraine
United Kingdom
Wallis and Futuna Islands
Middle East and Central Asia
Afghanistan, Islamic Republic of
Algeria
Armenia, Republic of
Azerbaijan, Republic of
Bahrain, Kingdom of
Djibouti
Egypt, Arab Republic of
Georgia
Iran, Islamic Republic of
Iraq
Jordan
Kazakhstan, Republic of
Kuwait
Kyrgyz Republic
Lebanon
Libya
Mauritania, Islamic Republic of
Morocco
Oman
Pakistan
Qatar
Saudi Arabia
Somalia
Sudan
Syrian Arab Republic
Tajikistan, Republic of
Tunisia
Turkmenistan
United Arab Emirates
Uzbekistan, Republic of
Yemen, Republic of
Western Hemisphere
American Samoa
Anguilla
Antigua and Barbuda
Argentina
Aruba
Bahamas, The
Barbados
Belize
Bolivia
Brazil
Canada
Chile
Colombia
Costa Rica
Cuba
Curacao
Dominica
Dominican Republic
Ecuador
El Salvador
Grenada
Guam
Guatemala
Guyana
Haiti
Honduras
Jamaica
Mexico
Montserrat
Nicaragua
Panama
Paraguay
Peru
Puerto Rico
St. Martin
St. Kitts and Nevis
St. Lucia
St. Vincent and the Grenadines
Suriname
Trinidad and Tobago
United States
Uruguay
Venezuela
Series
Archived Series
Balance of Payments Statistics
Direction of Trade Statistics
Economic Issues
Government Finance Statistics
IMF Policy Discussion Papers
IMF Special Issues
IMF Staff Papers
IMF Staff Position Notes
IMF Survey
International Financial Statistics
Occasional Papers
Pamphlet Series
Seminar Volumes
World Economic and Financial Surveys
Books and Analytical Papers
Books
Departmental Papers
High-Level Summary Technical Assistance Reports
IMF Staff Country Reports
IMF Working Papers
Miscellaneous Publications
Per Jacobsson lecture
Policy Papers
Selected Issues Papers
Technical Assistance Reports
Flagships
External Sector Report
Fiscal Monitor
Global Financial Stability Report
Regional Economic Outlook
World Economic Outlook
Notes and Manuals
Analytical Notes
Fintech Notes
Gender Notes
Global Financial Stability Notes
Glossary
IMF How To Notes
IMF Notes
Manuals & Guides
Spillover Notes
Staff Climate Notes
Staff Discussion Notes
Tax Law Technical Note
Technical Notes and Manuals
Official Reports and Documents
Annual Report of the Executive Board
Articles of Agreement
By Laws, Rules & Regulations
IMF Speeches
Independent Evaluation Office Reports
Selected Decisions
Selected Legal and Institutional Papers Series
Summary Proceedings
Periodicals
Annual Report on Exchange Arrangements and Exchange Restrictions
Finance & Development
IMF Research Bulletin
IMF Research Perspectives
About
About Us
Contact Us
Content Directory
Frequently Asked Questions
IMF eLibrary Startup Guide
Set Up A Personal Account
Resources
Brochures and Posters
Corrections
Essential Reading
IMF Virtual Publications Booth
Metadata
Rights and Permissions
Tools for Authors
Advanced search
Help
Sign in
IMF Sites
IMF.org
Bookstore
AREAER Online
IMF Data
MCM Data
Browse
Topics
Business and Economics
Computers
Health and Fitness
Law
Medical
Nature
Political Science
Science
Social Science
Technology and Engineering
Transportation
Agribusiness
Banks and Banking
Budgeting
Corporate Finance
Corporate Governance
Corporate Taxation
Crowdfunding
Econometrics
Economic Development
Economic Theory
Economics: General
Environmental Economics
Exports and Imports
Finance: General
Financial Risk Management
Forecasting
Foreign Exchange
Globalization
Industries: Automobile
Industries: Energy
Industries: Fashion and Textile
Industries: Financial Services
Industries: Food
Industries: General
Industries: Hospital,Travel and Tourism
Industries: Information Technololgy
Industries: Manufacturing
Industries: Service
Inflation
Information Management
Infrastructure
Insurance
International Economics
International Taxation
Investments: Bonds
Investments: Commodities
Investments: Derivatives
Investments: Energy
Investments: Futures
Investments: General
Investments: Metals
Investments: Mutual Funds
Investments: Options
Investments: Stocks
Islamic Banking and Finance
Labor
Macroeconomics
Money and Monetary Policy
Natural Resource Extraction
Personal Finance -Taxation
Production and Operations Management
Public Finance
Real Estate
Statistics
Sustainable Development
Taxation
Urban and Regional
Intelligence (AI) & Semantics
Cloud Computing
Computer Science
Data Processing
Data Transmission Systems
Databases
Internet: General
Management Information Systems
Online Safety & Privacy
Web Services & APIs
Web: Social Media
Diet and Nutrition
Diseases: Contagious
Diseases: AIDS and HIV
Diseases: Respiratory
Banking
Business and Financial
Health Policy
Natural Resources
Environmental Conservation and Protection
Natural Disasters
Environmental Policy
Social Services and Welfare
Agriculture & Food Policy
Civics and Citizenship
NGOs (Non-Governmental Organizations)
National and International Security
Political Economy
Energy
Women's Studies
Criminology
Demography
Emigration and Immigration
Gender Studies
Poverty and Homelessness
Automation
Inventions
Mobile and Wireless Communications
Aviation
Countries
Africa
Asia and Pacific
Europe
Middle East and Central Asia
Western Hemisphere
Angola
Benin
Botswana
Burkina Faso
Burundi
Cabo Verde
Cameroon
Central African Republic
Chad
Comoros, Union of the
Congo, Democratic Republic of the
Congo, Republic of
Côte d'Ivoire
Equatorial Guinea, Republic of
Eritrea, The State of
Eswatini, Kingdom of
Ethiopia, The Federal Democratic Republic of
Gabon
Gambia, The
Ghana
Guinea
Guinea-Bissau
Kenya
Lesotho, Kingdom of
Liberia
Madagascar, Republic of
Malawi
Mali
Mauritius
Mozambique, Republic of
Namibia
Niger
Nigeria
Rwanda
São Tomé and Príncipe
Senegal
Seychelles
Sierra Leone
South Africa
South Sudan, Republic of
Tanzania, United Republic of
Togo
Uganda
Zambia
Zimbabwe
Australia
Bangladesh
Bhutan
Brunei Darussalam
Cambodia
China, People's Republic of
Cook Islands
Fiji, Republic of
Hong Kong Special Administrative Region, People's Republic of China
India
Indonesia
Japan
Kiribati
Korea, Democratic People's Republic of
Korea, Republic of
Lao People's Democratic Republic
Macao Special Administrative Region, People's Republic of China
Malaysia
Maldives
Marshall Islands, Republic of the
Micronesia, Federated States of
Mongolia
Myanmar
Nauru, Republic of
Nepal
New Zealand
Norfolk Island
Palau, Republic of
Papua New Guinea
Philippines
Samoa
Singapore
Solomon Islands
Sri Lanka
Taiwan, Province of China
Thailand
Timor-Leste, Democratic Republic of
Tokelau
Tonga
Tuvalu
Vanuatu
Vietnam
land Islands
Albania
Andorra, Principality of
Austria
Belarus, Republic of
Belgium
Bermuda
Bosnia and Herzegovina
British Virgin Islands
Bulgaria
Cayman Islands
Croatia, Republic of
Cyprus
Czech Republic
Denmark
Estonia, Republic of
Faroe Islands
Finland
France
French Guiana
French Polynesia
Germany
Gibraltar
Greece
Greenland
Guernsey
Holy See
Hungary
Iceland
Ireland
Isle of Man
Israel
Italy
Jersey
Kosovo, Republic of
Latvia, Republic of
Liechtenstein
Lithuania, Republic of
Luxembourg
Malta
Martinique
Mayotte
Moldova, Republic of
Monaco
Montenegro
Netherlands, The
New Caledonia
North Macedonia, Republic of
Norway
Poland, Republic of
Portugal
Romania
Russian Federation
San Marino, Republic of
Serbia, Republic of
Slovak Republic
Slovenia, Republic of
Spain
Sweden
Switzerland
Türkiye, Republic of
Turks and Caicos Islands
Ukraine
United Kingdom
Wallis and Futuna Islands
Afghanistan, Islamic Republic of
Algeria
Armenia, Republic of
Azerbaijan, Republic of
Bahrain, Kingdom of
Djibouti
Egypt, Arab Republic of
Georgia
Iran, Islamic Republic of
Iraq
Jordan
Kazakhstan, Republic of
Kuwait
Kyrgyz Republic
Lebanon
Libya
Mauritania, Islamic Republic of
Morocco
Oman
Pakistan
Qatar
Saudi Arabia
Somalia
Sudan
Syrian Arab Republic
Tajikistan, Republic of
Tunisia
Turkmenistan
United Arab Emirates
Uzbekistan, Republic of
Yemen, Republic of
American Samoa
Anguilla
Antigua and Barbuda
Argentina
Aruba
Bahamas, The
Barbados
Belize
Bolivia
Brazil
Canada
Chile
Colombia
Costa Rica
Cuba
Curacao
Dominica
Dominican Republic
Ecuador
El Salvador
Grenada
Guam
Guatemala
Guyana
Haiti
Honduras
Jamaica
Mexico
Montserrat
Nicaragua
Panama
Paraguay
Peru
Puerto Rico
St. Martin
St. Kitts and Nevis
St. Lucia
St. Vincent and the Grenadines
Suriname
Trinidad and Tobago
United States
Uruguay
Venezuela
Series
Archived Series
Books and Analytical Papers
Flagships
Notes and Manuals
Official Reports and Documents
Periodicals
Balance of Payments Statistics
Direction of Trade Statistics
Economic Issues
Government Finance Statistics
IMF Policy Discussion Papers
IMF Special Issues
IMF Staff Papers
IMF Staff Position Notes
IMF Survey
International Financial Statistics
Occasional Papers
Pamphlet Series
Seminar Volumes
World Economic and Financial Surveys
Books
Departmental Papers
High-Level Summary Technical Assistance Reports
IMF Staff Country Reports
IMF Working Papers
Miscellaneous Publications
Per Jacobsson lecture
Policy Papers
Selected Issues Papers
Technical Assistance Reports
External Sector Report
Fiscal Monitor
Global Financial Stability Report
Regional Economic Outlook
World Economic Outlook
Analytical Notes
Fintech Notes
Gender Notes
Global Financial Stability Notes
Glossary
IMF How To Notes
IMF Notes
Manuals & Guides
Spillover Notes
Staff Climate Notes
Staff Discussion Notes
Tax Law Technical Note
Technical Notes and Manuals
Annual Report of the Executive Board
Articles of Agreement
By Laws, Rules & Regulations
IMF Speeches
Independent Evaluation Office Reports
Selected Decisions
Selected Legal and Institutional Papers Series
Summary Proceedings
Annual Report on Exchange Arrangements and Exchange Restrictions
Finance & Development
IMF Research Bulletin
IMF Research Perspectives
Resources
Brochures and Posters
Corrections
Essential Reading
IMF Virtual Publications Booth
Metadata
Rights and Permissions
Tools for Authors
About
About Us
Contact Us
Content Directory
Frequently Asked Questions
IMF eLibrary Startup Guide
Set Up A Personal Account
Search
Advanced search
Help
The IMF has launched a new
IMF Data Portal
!
The previous portal will remain accessible at
legacydata.imf.org
until May 31. For questions or assistance, visit the
Data Help page
or contact
DataHelp@imf.org
.
Previous Chapter
Next Chapter
Chapter 4 Recent Financial Crises—Comments from International Development Banks
Author:
International Monetary Fund
International Monetary Fund
Search for other papers by International Monetary Fund in
Current site
Google Scholar
Close
Language:
English
Print Publication Date:
26 Aug 1999
Keywords:
SEM
;
bank
;
central bank
;
bank regulator
;
certificate
;
consumer
;
bank supervisor
;
securities entitlement
;
e-money product
;
securities certificate
;
Securities
;
Government securities
;
Currencies
;
Capital flows
;
Global
;
East Asia
;
Europe
;
Western Europe
;
Middle East
;
graduation policy
;
loan loss
;
bank experience
;
recapitalized bank
;
Mexico crisis
;
Commercial banks
;
Loans
;
Corporate governance
Abstract
Related Publications
Abstract
ANDRÉS RIGO
Within Same Series
Chapter 3 Recent Financial Crises—Comments from the International Monetary Fund
2 From Crisis to Recovery in Korea: Strategy, Achievements, and Lessons
6 Corporate Restructuring and Reform: Lessons from Korea
Chapter 13 Financial Modernization
CHAPTER 25 Responding to Currency Crises in Emerging Market Economies: The IMF in Indonesia, Korea, and Brazil
CHAPTER 10 Designing a Legal Framework to Restructure Sovereign Debt
CHAPTER 11 International Bailouts, Moral Hazard, and Conditionality
CHAPTER 24 Out-of-Court Corporate Debt Restructuring: The Jakarta Initiative Task Force
CHAPTER 4 The International Monetary Fund’s Work on Financial Stability
VIII. Bank Insolvency
Other IMF Content
Corporate Debt Restructuring in East Asia: Some Lessons from International Experience
Approaches to Corporate Debt Restructuring in the Wake of Financial Crises
Republic of Korea: Economic and Policy Developments
Issues in Recent Banking Crises in Developing Countries
Managing Financial Crises: The Experience in East Asia
IV Balance Sheet Developments in Recent Financial Crises: Some Case Studies
From Crisis to Recovery in Korea: Strategy, Achievements, and Lessons
The Corporate Sector Dynamics of Systemic Financial Crises
V Latin American Financial Systems: Crises and Reforms
Chapter 4 Assessing Financial Structure and Financial Development
Other Publishers Content
Asian Development Bank
Three Decades of International Financial Crises: What Have We Learned and What Still Needs to be Done?
Indonesia and the Asian Development Bank: Fifty Years of Partnership
Financial Integration and Macrofinancial Linkages in Asia: Crises, Responses, and Policy Considerations
ASEAN Corporate Governance Scorecard Country Reports and Assessments 2015: Joint Initiative of the ASEAN Capital Markets Forum and the Asian Development Bank
Inter-American Development Bank
Banking Crises and Financial Integration
Foreign Bank Behavior during Financial Crises
Financial Market Development: Support from the Inter-American Development Bank Group 1990-2002
Financial Market Development: Support from the Inter-American Development Bank (IDB) Group; 1990-2004
Multilateral Safety Nets for Financial Crises
Learning from the Experience: The Inter-American Development Bank and Pharmaceuticals
Private Infrastructure: Support from the Inter-American Development Bank Group 1990-2005
Equilibrium Unemployment During Financial Crises
Selections from the Inter-American Development Bank Art Collection: 2007
The Role of National Development Banks in Catalyzing International Climate Finance
International Labour Organization
Financial crises, deflation and trade union responses: What are the lessons?: International Journal of Labour Research, IJLR, Vol 2, No 1/2010
The World Bank
Trade credit and bank credit: evidence from recent financial crises
Lessons from World Bank research on financial crises
The value of relationship banking during financial crises: evidence from the Republic of Korea
The determinants of banking crises: evidence from industrial and developing countries
Learning from Financial Crises
Lessons from International Experience in Designing the Development Bank of Nigeria
Financial Viability of the Electricity Sector in Developing Countries: Recent Trends and Effectiveness of World Bank Interventions
International aid and financial crises in donor countries
Banking Crises and Exports: Lessons From the Past
Foreign Bank Behavior during Financial Crises
Save
Cite
Email this content
Share Link
Copy this link, or click below to email it to a friend
Email this content
or copy the link directly:
https://www.elibrary.imf.org/abstract/book/9781557757968/ch04.xml
The link was not copied. Your current browser may not support copying via this button.
Link copied successfully
Copy link
Share on facebook
Share on linkedin
Share on twitter
Collapse
Expand
Top
Current Developments in Monetary and Financial Law, Vol. 1
Author:
International Monetary Fund
ISBN:
9781557757968
Publication Date:
26 Aug 1999
Publisher:
International Monetary Fund
DOI:
https://doi.org/10.5089/9781557757968.072
Pages:
656
Search
Table of Contents
Front Matter
Front Matter
Chapter 1 Developments at the International Monetary Fund
Chapter 2 The International Monetary Fund and the International Monetary System
Chapter 3 Recent Financial Crises—Comments from the International Monetary Fund
Chapter 4 Recent Financial Crises—Comments from International Development Banks
Chapter 5 Prudential Supervision of Banks and the Basle Core Principles
Chapter 6 Legal Aspects of Bank Insolvency
Chapter 7 Lender-of-Last-Resort Issues—Past, Present, and Future
Chapter 8 Government Securities
Chapter 9 Legal Risk in the Securities Settlement System
Chapter 10 Clearing and Settlement of Book-Entry Securities Transactions
Chapter 11 The Economic and Monetary Union
Chapter 12 Financial Conglomerates
Chapter 13 Financial Modernization
Chapter 14 Good Governance and Commercial Banks
Chapter 15 Anti-Money-Laundering Policies—Selected Legal, Political, and Economic Issues
Chapter 16 Pyramid Schemes
Chapter 17 Enforcement of Bank Claims and the Law of Security
Chapter 18 Enforcement of Bank Claims in Switzerland—Pledge, Set-Off, and Immunity
Chapter 19 Accountability of the Central Bank for Monetary Policy
Chapter 20 Financial Accountability of the Central Bank—Internal and External Controls
Chapter 21 External Review of Decisions by Central Banks
Chapter 22 E-Money and Data Privacy
Chapter 23 Remarks on the Report of the Consumer Electronic Payments Task Force
Back Matter
Back Matter
Sections
Abstract
4A. The World Bank’s Response to the Latin America and East Asia Crises
Origin of the Latin American Crisis: Mexico
The Bank’s Response
Argentina: The Tequila Effect
Brazil
The East Asia Crisis
Policy Issues
Conclusion
4B. Recent Financial Crises and the Inter-American Development Bank
COMMENT
Metrics
[18.97.14.86]
18.97.14.86
Sign in to annotate
Close
Edit Annotation
Character limit
500
/500
Delete
Cancel
Save
@!
Character limit
500
/500
Cancel
Save
View Expanded
View Table
View Full Size