Series: IMF Working Papers
Author(s): James Daniel
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 April 1997
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...