Hungary / Venezuela / Estonia / Bulgaria / Mexico / Chile / Poland / Thailand / Indonesia / France / Japan / United States / Korea / China / Argentina / /
piecemeal solutions / investment banking skills / bank restructuring / legal and institutional infrastructure / financial systems / systemic bank crisis / lenient accounting standards / bank insolvency / prudential banking / Non-bank financial institutions / insolvent banks / bank balance sheets / bank capital / finance / bank borrowers / systemic bank / systemic bank crises / bank recapitalisation / accepted accounting / bank owners / bank management / explicit deposit insurance / real estate / poor legal systems / bank restructurings / bank liabilities / bank operations / bank cash/ bank / bank-led approach / bank solvency crises / bank recapitalisations / bank / weak regulatory systems / financial services / asset classification systems / bank liquidity / institutional and legal tools / cases exceeding bank equity several times / solvent banks / bank branches / foreign banks / deposit insurance / systemic bank solvency problems / individual bank / exchange rate management systems / /
Organization
World Bank / central bank of Indonesia / /
Position
banking crises Stijn Claessens* Executive / /
Region
Scandinavia / East Asia / Latin America / Eastern Europe / /
Experiences of resolution of banking crises Stijn Claessens* Executive summary Experiences of other countries, including in Eastern Europe, Latin America and Scandinavia, suggest several important principles for