United States : Publication of Financial Sector Assessment Program Documentation: Technical Note on Crisis Management Arrangements

Author/Editor:

International Monetary Fund

Publication Date:

May 14, 2010

Electronic Access:

Free Full text (PDF file size is 716 KB).Use the free Adobe Acrobat Reader to view this PDF file

Summary:

This paper presents a technical note on Crisis Management Arrangements for the United States. The crisis has seen widespread systemic instability, large-scale fiscal support, and an increase in moral hazard. The lack of a formal systematic process for the assessment of risks may have contributed to a slow response to identified risks, but the additional complexity of coordinating interagency actions in response to identified risks did not help. Power to act remained with the individual agencies, and coordinating a response to identified risks could take time.

Series:

Country Report No. 10/120

Subject:

English

Publication Date:

May 14, 2010

ISBN/ISSN:

9781455206605/1934-7685

Stock No:

1USAEA2010002

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

41

Please address any questions about this title to publications@imf.org