Controlling the Fiscal Costs of Banking Crises

Patrick Honohan · Daniela Klingebiel

199 citations0/0 files storedWorld Bank, Washington, DC eBooks

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Banking stability, regulation, efficiency Global Financial Crisis and Policies Global Financial Regulation and Crises

Abstract

bail-outs, and regulatory forbearance.The findings in this paper tilt the balance in favor of a strict rather than an accommodating approach to crisis resolution.

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1998The Determinants of Banking Crises in Developing and Developed Countries 1996Bank Soundness and Macroeconomic Policy 1997Bank Insolvency: Bad Luck, Bad Policy, or Bad Banking?1994Bank contagion: A review of the theory and evidence 1999Deposit Insurance

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