Series: IMF Working Papers
Author(s): Eugenio Cerutti , Patrick McGuire , and Stijn Claessens
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 September 2011
Keywords: Systemic risks, banking system, international, contagion, vulnerabilities, banking, systemic risk, banking statistics, recapitalization, International Lending and Debt Problems
The recent financial crisis has shown how interconnected the financial world has become. Shocks in one location or asset class can have a sizable impact on the stability of institutions and markets around the world...