{
  "title": "A National Wealth Approach to Banking Crises and Financial Stability",
  "publication": "IMF Working Papers, July 5, 2016",
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  "summary": "The paper explores a different, supplementary way to assess and manage a particular type of banking crises, those arising from a rise of nonperforming loans to the corporate sector.",
  "sections": [
    {
      "heading": "Summary",
      "content": "- The paper explores a different, supplementary way to assess and manage a particular type of banking crises, those arising from a rise of nonperforming loans to the corporate sector.\n- It relies on a “national wealth approach,” focusing on the distribution of net wealth among economic sectors and its interaction with developments in the banking system.\n- It identifies avenues for policy response optimization, based on an integrated macrofinancial analytical framework, both for the prevention and the resolution of these types of economic events."
    },
    {
      "heading": "Analytical focus and findings",
      "content": "- Focus: distribution of net wealth among economic sectors and interaction with banking system developments.\n- Crisis type analyzed: banking crises arising from a rise of nonperforming loans to the corporate sector.\n- Analytical framework: integrated macrofinancial analytical framework linking national accounts, financial statements, and banking-sector indicators.\n- Emphasis on metrics and concepts appearing in the paper: bank borrower, bank capital, bank data, collection capability, financial condition, profitability data, value creation, orphan financial assets, income statement, national accounts."
    },
    {
      "heading": "Policy implications and recommendations",
      "content": "- Identifies avenues for policy response optimization for both prevention and resolution of corporate-sector nonperforming-loan banking crises.\n- Policy responses are framed within an integrated macrofinancial approach that links sectoral net wealth distribution to banking-sector stability."
    },
    {
      "heading": "Subjects and keywords",
      "content": "- Subject: Banking; Banking crises; Commercial banks; Financial crises; Financial institutions; Financial sector policy and analysis; Financial sector stability; Financial statements; National accounts; Public financial management (PFM)\n- Keywords: bank borrower, bank capital, bank data, Banking crises, Banking sector distress, banking sector issue, collection capability, Commercial banks, financial condition, Financial sector stability, Financial statements, Global, income statement, Macro-financial analysis integration, National accounts, orphan financial assets, profitability data, value creation, work agenda, WP\n\nSource: IMF Working Paper No. 2016/128, \"A National Wealth Approach to Banking Crises and Financial Stability\", July 5, 2016.\n\n---\n\n Content in this bundle\n\n- wp16128\n  - wp16128 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - wp16128 (PDF){rel=\"external\" type=\"application/pdf\"}\n\n---\n\nSource: https://www.imf.org/en/publications/wp/issues/2016/12/31/a-national-wealth-approach-to-banking-crises-and-financial-stability-44051"
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    "Authors: Olivier M Frecaut",
    "Published: July 5, 2016",
    "Series: IMF Working Papers",
    "DOI: https://doi.org/10.5089/9781498349154.001",
    "The paper explores a different, supplementary way to assess and manage a particular type of banking crises, those arising from a rise of nonperforming loans to the corporate sector.",
    "It relies on a “national wealth approach,” focusing on the distribution of net wealth among economic sectors and its interaction with developments in the banking system.",
    "It identifies avenues for policy response optimization, based on an integrated macrofinancial analytical framework, both for the prevention and the resolution of these types of economic events.",
    "Focus: distribution of net wealth among economic sectors and interaction with banking system developments.",
    "Crisis type analyzed: banking crises arising from a rise of nonperforming loans to the corporate sector.",
    "Analytical framework: integrated macrofinancial analytical framework linking national accounts, financial statements, and banking-sector indicators.",
    "Emphasis on metrics and concepts appearing in the paper: bank borrower, bank capital, bank data, collection capability, financial condition, profitability data, value creation, orphan financial assets, income statement, national accounts.",
    "Identifies avenues for policy response optimization for both prevention and resolution of corporate-sector nonperforming-loan banking crises.",
    "Policy responses are framed within an integrated macrofinancial approach that links sectoral net wealth distribution to banking-sector stability.",
    "Subject: Banking; Banking crises; Commercial banks; Financial crises; Financial institutions; Financial sector policy and analysis; Financial sector stability; Financial statements; National accounts; Public financial management (PFM)",
    "Keywords: bank borrower, bank capital, bank data, Banking crises, Banking sector distress, banking sector issue, collection capability, Commercial banks, financial condition, Financial sector stability, Financial statements, Global, income statement, Macro-financial analysis integration, National accounts, orphan financial assets, profitability data, value creation, work agenda, WP",
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