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Financial Crises : Causes, Consequences, and Policy Responses

By Stijn Claessens, Ayhan Kose, Luc Laeven, Fabian Valencia

February 19, 2014

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Stijn Claessens, Ayhan Kose, Luc Laeven, and Fabian Valencia. Financial Crises : Causes, Consequences, and Policy Responses, (USA: International Monetary Fund, 2014) accessed September 19, 2024

Summary

The lingering effects of the economic crisis are still visible—this shows a clear need to improve our understanding of financial crises. This book surveys a wide range of crises, including banking, balance of payments, and sovereign debt crises. It begins with an overview of the various types of crises and introduces a comprehensive database of crises. Broad lessons on crisis prevention and management, as well as the short-term economic effects of crises, recessions, and recoveries, are discussed.

Keywords: Banking, Banking crises, Financial crises, Recapitalization, Recessions

Publication Details

  • Pages:

    670

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    Books

  • Stock No:

    FCCCPREA

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