{
  "title": "Lessons From Systemic Bank Restructuring: A Survey of 24 Countries",
  "publication": "IMF Working Papers, December 1, 1997",
  "sourceUrl": "https://www.imf.org/en/publications/wp/issues/2016/12/30/lessons-from-systemic-bank-restructuring-a-survey-of-24-countries-2436",
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  "summary": "In recent decades, a wide range of countries have experienced banking problems. Their approaches to systemic bank restructuring have varied substantially. This paper analyzes a representative sample of 24 countries and provides a summary of policies judged to be successful.",
  "sections": [
    {
      "heading": "Summary",
      "content": "- The paper analyzes a representative sample of 24 countries that experienced banking problems in recent decades.\n- It provides a summary of policies judged to be successful in resolving systemic bank problems.\n- The sample countries were ranked by relative progress in resolving banking sector problems.\n- The paper examines:\n  - the effectiveness of institutional and regulatory measures;\n  - the impact of accompanying macroeconomic policies;\n  - the extent to which particular restructuring instruments contributed to success.\n- Special emphasis is given to the role of the central bank."
    },
    {
      "heading": "Major themes and focus areas",
      "content": "- Institutional and regulatory effectiveness:\n  - Evaluation of which institutional and regulatory measures were effective in resolving systemic banking problems.\n- Macroeconomic policy impact:\n  - Assessment of how accompanying macroeconomic policies influenced restructuring outcomes.\n- Restructuring instruments:\n  - Examination of the contribution of particular restructuring instruments to successful outcomes.\n- Role of the central bank:\n  - Special emphasis and analysis of the central bank’s role in systemic bank restructuring."
    },
    {
      "heading": "Subject coverage and keywords",
      "content": "- Subjects: Bank credit; Bank resolution; Banking; Commercial banks; Financial crises; Financial institutions; Loans; Money; Nonperforming loans; Tax incentives.\n- Keywords (as provided): Africa; Asia and Pacific; bank; bank borrower; Bank credit; bank management; bank performance; Bank resolution; bank restructuring activity; bank restructuring measure; bank restructuring policy; bank restructuring strategy; Banks; central bank; Commercial banks; cost; Europe; flow problem; liabilities fall; liquidity support; loan; Loans; Middle East; Nonperforming loans; Rescues; Restructuring; restructuring operation; restructuring program; Western Hemisphere; WP."
    },
    {
      "heading": "Publication and metadata (as stated)",
      "content": "- Authors: Ceyla Pazarbasioglu, Claudia H Dziobek\n- Publication date: December 1, 1997\n- Series: IMF Working Papers\n- Working Paper No.: 1997/161\n- Issue: 161\n- Volume: 1997\n- Pages: 29\n- DOI: https://doi.org/10.5089/9781451857788.001\n- Stock No: WPIEA1611997\n- ISBN: 9781451857788\n- ISSN: 1018-5941\n\nSource: IMF Working Paper \"Lessons From Systemic Bank Restructuring: A Survey of 24 Countries\" by Ceyla Pazarbasioglu and Claudia H Dziobek, December 1, 1997.\n\n---\n\n Content in this bundle\n\n- Lessons form Systemic Bank Restructuring: A survey of 24 Countries - WP/97/161\n  - Lessons form Systemic Bank Restructuring: A survey of 24 Countries - WP/97/161 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Lessons form Systemic Bank Restructuring: A survey of 24 Countries - WP/97/161 (PDF){rel=\"external\" type=\"application/pdf\"}\n\n---\n\nSource: https://www.imf.org/en/publications/wp/issues/2016/12/30/lessons-from-systemic-bank-restructuring-a-survey-of-24-countries-2436"
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    "Authors: Ceyla Pazarbasioglu, Claudia H Dziobek",
    "Published: December 1, 1997",
    "Series: IMF Working Papers",
    "DOI: https://doi.org/10.5089/9781451857788.001",
    "The paper analyzes a representative sample of 24 countries that experienced banking problems in recent decades.",
    "It provides a summary of policies judged to be successful in resolving systemic bank problems.",
    "The sample countries were ranked by relative progress in resolving banking sector problems.",
    "The paper examines:",
    "Special emphasis is given to the role of the central bank.",
    "Institutional and regulatory effectiveness:",
    "Macroeconomic policy impact:",
    "Restructuring instruments:",
    "Role of the central bank:",
    "Subjects: Bank credit; Bank resolution; Banking; Commercial banks; Financial crises; Financial institutions; Loans; Money; Nonperforming loans; Tax incentives.",
    "Keywords (as provided): Africa; Asia and Pacific; bank; bank borrower; Bank credit; bank management; bank performance; Bank resolution; bank restructuring activity; bank restructuring measure; bank restructuring policy; bank restructuring strategy; Banks; central bank; Commercial banks; cost; Europe; flow problem; liabilities fall; liquidity support; loan; Loans; Middle East; Nonperforming loans; Rescues; Restructuring; restructuring operation; restructuring program; Western Hemisphere; WP.",
    "Authors: Ceyla Pazarbasioglu, Claudia H Dziobek",
    "Publication date: December 1, 1997",
    "Series: IMF Working Papers",
    "Working Paper No.: 1997/161",
    "Issue: 161",
    "Volume: 1997",
    "Pages: 29",
    "DOI: https://doi.org/10.5089/9781451857788.001",
    "Stock No: WPIEA1611997",
    "ISBN: 9781451857788",
    "ISSN: 1018-5941",
    "**Lessons form Systemic Bank Restructuring: A survey of 24 Countries - WP/97/161**"
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