Fiscal Aspects of Bank Restructuring »
Journal Issue
Volume/Issue: 1997/52
Series: IMF Working Papers
Author(s): James Daniel
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 April 1997
DOI: http://dx.doi.org/10.5089/9781451847215.001
ISBN: 9781451847215
Keywords: Fiscal, Banks, Expenditure, Rescues, Restructuring, banking, recapitalization, bank assistance, bank restructuring, banking system
Governments frequently assist troubled banks. This paper examines the fiscal aspects of such assistance: rationale, design criteria, methods, and macroeconomic implications. It concludes that (1) banks should be as...