The Baltics-- Banking Crises Observed

The Baltics-- Banking Crises Observed PDF Author: Alexander Fleming
Publisher: World Bank Publications
ISBN:
Category : Banks and banking
Languages : en
Pages : 44

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Book Description

The Baltics-- Banking Crises Observed

The Baltics-- Banking Crises Observed PDF Author: Alexander Fleming
Publisher: World Bank Publications
ISBN:
Category : Banks and banking
Languages : en
Pages : 44

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Book Description


How Latvia Came Through the Financial Crisis

How Latvia Came Through the Financial Crisis PDF Author: Anders Åslund
Publisher: Peterson Institute
ISBN: 088132602X
Category : Business & Economics
Languages : en
Pages : 159

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Book Description
Latvia stands out as the East European country hardest hit by the global financial crisis; it lost approximately 25 percent of its GDP between 2008 and 2010. It was also the most overheated economy before the crisis. But in the second half of 2010, Latvia returned to economic growth. How did this happen so quickly? Current Latvian Prime Minister Valdis Dombrovskis, who shepherded Latvia through the crisis, and renowned author Anders slund discuss why the Latvian economy became so overheated; why an IMF and European Union stabilization program was needed; what the Latvian government did to resolve the financial crisis and why it made these choices; and what the outcome has been. This book offers a rare insider's look at how a national government responded to a global financial crisis, made tough choices, and led the country back to economic growth.

Financial Sector Reform and Banking Crises in the Baltic Countries

Financial Sector Reform and Banking Crises in the Baltic Countries PDF Author: International Monetary Fund
Publisher: International Monetary Fund
ISBN: 1451855559
Category : Business & Economics
Languages : en
Pages : 52

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Book Description
Financial sector reform in the Baltic countries is reviewed in light of the banking crises that emerged during the reform period. It is argued that the crises had their roots in the structural deficiencies specific to planned economies and the financial environment that developed before and after these countries regained their independence, thus rendering them largely inevitable. Because of the low level of financial intermediation, however, even the failure of large banks had limited systemic effects and a minor negative impact on output and incomes. The crises slowed down the financial reform process, but brought about a desired consolidation of the banking sector.

Monetary Impact of a Banking Crisis and the Conduct of Monetary Policy

Monetary Impact of a Banking Crisis and the Conduct of Monetary Policy PDF Author: Ms.Alicia García-Herrero
Publisher: International Monetary Fund
ISBN: 1451854684
Category : Business & Economics
Languages : en
Pages : 84

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Book Description
The experiences of seven countries that have undergone banking crises show that crises have significant implications for the short-run stability of the demand for money, the money multiplier, the transmission mechanism, and the signal variables of monetary policy. Monetary and credit instability, coupled with changes in the nature of the monetary and credit aggregates, complicate monetary management. These findings may require redesigning monetary instruments in favor of faster-reacting instruments, such as open market operations, and introducing additional indicators of the monetary stance, such as asset price and exchange rate movements. More frequent reviews of monetary programs may also be necessary.

Systemic and Borderline Banking Crises

Systemic and Borderline Banking Crises PDF Author: Irakli Kovzanadze
Publisher: iUniverse
ISBN: 145023061X
Category : Business & Economics
Languages : en
Pages : 221

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Book Description
In Systemic and Borderline Banking Crises, a well-respected doctor of economic sciences shares his comprehensive analysis of the genesis and growth of the systemic banking crisis in many countries, providing a useful resource for students, lecturers, and bankers who wish to broaden their study of economics. Irakli Kovzanadze is an economics professor who possesses more than twenty years of professional experience in the banking institutions of Georgia, other post-Soviet countries, and Europe. While presenting a summary of both the theoretical and practical approaches, addressing the causes and progression, and providing ways to forecast and prevent future banking crises, Dr. Kovzanadze delves into a series of related topics including: Types and forms of manifestation Role of monetary and credit policies in averting and overcoming a crisis Systemic banking crises in other countries and transitional economies Function of regulations and how they can create a sustainable banking system Principles of establishing a deposit insurance system in Georgia This study relies on research material reflective of the experiences of different countries and regions of the world to provide not only an in-depth look at Georgias current banking challenges, but also the ways to prevent a future crisis.

This Time Is Different

This Time Is Different PDF Author: Carmen M. Reinhart
Publisher: Princeton University Press
ISBN: 0691152640
Category : Business & Economics
Languages : en
Pages : 513

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Book Description
An empirical investigation of financial crises during the last 800 years.

Managing the Real and Fiscal Effects of Banking Crises

Managing the Real and Fiscal Effects of Banking Crises PDF Author: Daniela Klingebiel
Publisher: World Bank Publications
ISBN: 9780821350560
Category : Business & Economics
Languages : en
Pages : 68

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Book Description
This volume provides two recent analyses of government responses to financial crises; they have been developed in the light of the recent East Asian crisis, but also draw on experiences from other regions. Issues discussed relate to: the tradeoffs involved in public policies for systemic financial and corporate sector restructuring; and the use of cross-country evidence to determine whether specific crisis containment and resolution policies effect the fiscal costs of resolving a crisis. The book also presents information on 113 systemic banking crises that have occurred in 93 countries since the 1970s, as well as 50 borderline or non-systemic banking crises in 44 countries during the same period.

The Baltics - Banking Crises Observed

The Baltics - Banking Crises Observed PDF Author: Alex Fleming
Publisher:
ISBN:
Category :
Languages : en
Pages : 44

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Book Description
Lessons learned from bank ...

Ongoing Developments In Banking & Financial Sector : Volume -4

Ongoing Developments In Banking & Financial Sector : Volume -4 PDF Author: Editors : Raj Kapila & Uma Kapila
Publisher: Academic Foundation
ISBN: 9788171881741
Category :
Languages : en
Pages : 328

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Book Description


Economic and Banking System Development Trends and Prospects for Countries in Transition

Economic and Banking System Development Trends and Prospects for Countries in Transition PDF Author: Irakli Kovzanadze
Publisher: iUniverse
ISBN: 0595524494
Category : Business & Economics
Languages : en
Pages : 274

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Book Description
Transition countries have become one of the most dynamic segments of the global economy in recent years. With economic growth rates at considerably higher percentages than those of the world economy, these countries are a strong and vital element of global stability. Professor Irakli Kovzanadze, a doctor of economic sciences, provides a comprehensive analysis of the socioeconomic factors of development in transition countries with regard to history and geopolitics. He specifically analyzes the stages, legalities, and particulars of economic and banking system progress and considers the impact of financial globalization on these countries during a transition-to-market economy. Kovzanadze's study delves into the progress and problems relating to integration of Central and Eastern European countries into the European Union and includes detailed scrutiny of the trends and prospects of economic and banking system development in Central and Eastern Europe, the Baltic region, and former Soviet Union countries with particular emphasis on economic growth in Georgia. Kovzanadze's careful examination of the dramatic events that have occurred in transition countries during the last few years will promote further discussion within the banking, macroeconomics, and geopolitical communities on the innovative ways to reform an economy in countries in the midst of change.