Series: IMF Working Papers
Author(s): Steven Fries , and Timothy Lane
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 March 1994
Keywords: banking, moral hazard, debt socialization, recapitalization, banking system
This paper examines alternative approaches to building sound financial structures in emerging market economies. The foremost task is to resolve the bad loan problem and to recapitalize insolvent state banks. By res...