Confronting Banking Crises: Lessons from the Field

Marc Dobler (), Marina Moretti () and Alvaro Piris ()
Additional contact information
Marc Dobler: International Monetary Fund, Washington, DC 20431, USA
Marina Moretti: International Monetary Fund, Washington, DC 20431, USA
Alvaro Piris: International Monetary Fund, Washington, DC 20431, USA

Annual Review of Financial Economics, 2021, vol. 13, issue 1, 179-199

Abstract: Financial crises are a recurring feature of modern economies. This article summarizes the lessons learned from policy interventions and tools used to resolve banking crises from a practical, operational perspective and in light of the experiences and challenges faced during and since the 2008 global financial crisis. Managing a systemic banking crisis is a complex, multiyear process and requires a comprehensive framework for addressing systemic banking problems while minimizing taxpayers' costs.

Keywords: financial crises; financial stability; financial institutions; banking regulation (search for similar items in EconPapers)
JEL-codes: G01 G28 (search for similar items in EconPapers)
Date: 2021
References: Add references at CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
https://doi.org/10.1146/annurev-financial-110320-065224
Full text downloads are only available to subscribers. Visit the abstract page for more information.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:anr:refeco:v:13:y:2021:p:179-199

Ordering information: This journal article can be ordered from
http://www.annualreviews.org/action/ecommerce

DOI: 10.1146/annurev-financial-110320-065224

Access Statistics for this article

More articles in Annual Review of Financial Economics from Annual Reviews Annual Reviews 4139 El Camino Way Palo Alto, CA 94306, USA.
Bibliographic data for series maintained by http://www.annualreviews.org ().