## $name _IMF Seminars, January 1, 1901_ ## Source details **Canonical URL:** [$name](https://www.imf.org/zh/news/seminars/conferences/2016/12/31/financial-crises-causes-consequences-and-policy-responses) ## Other formats - [Markdown version](/zh/news/seminars/conferences/2016/12/31/financial-crises-causes-consequences-and-policy-responses/index.md) - [Structured JSON version](/zh/news/seminars/conferences/2016/12/31/financial-crises-causes-consequences-and-policy-responses/index.json) - [Bundle manifest](/zh/news/seminars/conferences/2016/12/31/financial-crises-causes-consequences-and-policy-responses/bundle-manifest.json) ## Bibliographic details - Published: January 1, 1901 --- ### Conference purpose and scope - The IMF has extensively analyzed the causes and consequences of financial crises and extracted lessons from past experiences, including from the most recent episode. - The conference reviewed: - Lessons on the antecedents of financial crises. - Policy responses in terms of bank, households, financial institutions, and sovereign restructurings. - Aftermaths of crises, covering banking, balance-of-payments, and sovereign crises. - Leading economists provided perspectives drawing on their work on financial crises. ### Event logistics and participation - Date: Friday, September 14, 2012 - Time: 2:15 p.m. - 4:00 p.m. - Venue: IMF Headquarters 2 (HQ2), Conference Hall 1 (1 A-820), 1900 Pennsylvania Avenue, NW, Washington, D.C. - Participation: Open to IMF and the World Bank Staff and members of academia and policy institutions. - Questions: For questions regarding the conference, send an e-mail HHwang@imf.org. ### Program and speakers - 2:15–2:30 p.m. - Opening Remarks — David Lipton, Deputy Managing Director (IMF) - 2:30-3:00 p.m. - Keynote Address — Carmen Reinhart, John F. Kennedy School of Government, Harvard University, "Lessons from Sovereign Crises" - Panel (Chair: Olivier Blanchard, Economic Counsellor and Director of the Research Department (IMF)) - Alan Taylor – University of Virginia, "External Imbalances and Financial Crises" - Hyun Shin – Princeton University, "Procyclicality and the Search for Early Warning Indicators" - José De Gregorio – Universidad de Chile, "Resilience in Latin America: Lessons from Macroeconomic Management and Financial Policies" - Conference organizers: Stijn Claessens, Luc Laeven, Ayhan Kose, and Fabián Valencia. ### Planned publication and editorial leadership - The contributions by the conference authors, together with a selective set of IMF research pieces on financial crises, will be published in a book. - Editors: Stijn Claessens, M. Ayhan Kose, Luc Laeven and Fabián Valencia ### Book contents (chapter list) - Introduction and Overview of Financial Crises 1. Stijn Claessens and M. Ayhan Kose: Financial Crises: Explanations, Types, and Implications 2. Luc Laeven and Fabián Valencia: Systemic Banking Crises - Lessons on Crisis Management 3. Carmen Reinhart: Lessons from Sovereign Crises 4. Hyun Shin: Leverage Cycles around Financial Crises 5. Jose De Gregorio: Lessons from Financial Crises in Emerging Markets for Advanced Countries 6. Alan Taylor: Perspectives on the Role of Imbalances and External Factors for Financial Crises - Short-Run Effects: Crises, Recessions and Recoveries 7. Stijn Claessens, M. Ayhan Kose and Marco Terrones: The Recent Global Financial Crisis: How Similar? How Different? How Costly? 8. Marco E. Terrones, Alasdair Scott, and Prakash Kannan: From Recession to Recovery - Medium-term Effects: Economic Growth 9. Ravi Balakrishnan, Petya Koeva Brooks, Daniel Leigh, Irina Tytell, and Abdul Abiad: What's the Damage? Medium-term Effects of Crises 10. Abdul Abiad, Giovanni Dell’Ariccia, and Grace Li: Creditless Recoveries - Policy Measures to Prevent Booms, Mitigate Busts, and Avoid Financial Crises 11. Giovanni Dell’Ariccia, Deniz Igan, Luc Laeven and Hui Tong: Policies for Macrofinancial Stability: Options to Deal with Credit Booms 12. Chris Crowe, Giovanni Dell’Ariccia, Deniz Igan, and Pau Rabanal: Policies for Macroeconomic Stability: Managing Real Estate Booms and Busts 13. Luc Laeven and Fabián Valencia: Resolution of Banking Crises: The Good, the Bad, and the Ugly 14. Emanuele Baldacci, Sanjeev Gupta, and Carlos Mulas-Granados: How Effective is Fiscal Policy Response in Financial Crises? - Policy Measures to Mitigate Impact of Financial Crises and How to Restructure Banks, Sovereigns and Households 15. Augustin Landier and Kenichi Ueda: The Economics of Bank Restructuring: Understanding the Options 16. Stijn Claessens, Ceyla Pazarbasioglu, Luc Laeven, Marc Dobler, Fabián Valencia, Oana Nedelescu, and Katharine Seal: Crisis Management and Resolution: Early Lessons during the Global Financial Crisis 17. Luc Laeven and Thomas Laryea: Principles of Household Debt Restructuring 18. Deniz Igan, Daniel Leigh, John Simon, and Petia Topalova: Repairing Household Balance Sheets 19. Udaibir S. Das, Michael G. Papaioannou, and Christoph Trebesch: Sovereign Debt restructurings: A Survey, New Database, and Lessons on Sovereign Restructuring --- ## Content in this bundle - [Ch10pdf (PDF)](/-/media/websites/imf/imported-events/external/np/seminars/eng/2012/fincrises/pdf/_ch10pdf.pdf){rel="external" type="application/pdf"} - [Ch11pdf (PDF)](/-/media/websites/imf/imported-events/external/np/seminars/eng/2012/fincrises/pdf/_ch11pdf.pdf){rel="external" type="application/pdf"} - [Ch12pdf (PDF)](/-/media/websites/imf/imported-events/external/np/seminars/eng/2012/fincrises/pdf/_ch12pdf.pdf){rel="external" type="application/pdf"} - [Ch13pdf (PDF)](/-/media/websites/imf/imported-events/external/np/seminars/eng/2012/fincrises/pdf/_ch13pdf.pdf){rel="external" type="application/pdf"} - [Ch14pdf (PDF)](/-/media/websites/imf/imported-events/external/np/seminars/eng/2012/fincrises/pdf/_ch14pdf.pdf){rel="external" type="application/pdf"} - [Ch15pdf (PDF)](/-/media/websites/imf/imported-events/external/np/seminars/eng/2012/fincrises/pdf/_ch15pdf.pdf){rel="external" type="application/pdf"} - [Ch16pdf (PDF)](/-/media/websites/imf/imported-events/external/np/seminars/eng/2012/fincrises/pdf/_ch16pdf.pdf){rel="external" type="application/pdf"} - [Ch17pdf (PDF)](/-/media/websites/imf/imported-events/external/np/seminars/eng/2012/fincrises/pdf/_ch17pdf.pdf){rel="external" type="application/pdf"} - [Ch18pdf (PDF)](/-/media/websites/imf/imported-events/external/np/seminars/eng/2012/fincrises/pdf/_ch18pdf.pdf){rel="external" type="application/pdf"} - [Ch19pdf (PDF)](/-/media/websites/imf/imported-events/external/np/seminars/eng/2012/fincrises/pdf/_ch19pdf.pdf){rel="external" type="application/pdf"} - [Ch2pdf (PDF)](/-/media/websites/imf/imported-events/external/np/seminars/eng/2012/fincrises/pdf/_ch2pdf.pdf){rel="external" type="application/pdf"} - [Ch6pdf (PDF)](/-/media/websites/imf/imported-events/external/np/seminars/eng/2012/fincrises/pdf/_ch6pdf.pdf){rel="external" type="application/pdf"} - [Ch8pdf (PDF)](/-/media/websites/imf/imported-events/external/np/seminars/eng/2012/fincrises/pdf/_ch8pdf.pdf){rel="external" type="application/pdf"} - [Ch9pdf (PDF)](/-/media/websites/imf/imported-events/external/np/seminars/eng/2012/fincrises/pdf/_ch9pdf.pdf){rel="external" type="application/pdf"} - [Ck2pdf (PDF)](/-/media/websites/imf/imported-events/external/np/seminars/eng/2012/fincrises/pdf/_ck2pdf.pdf){rel="external" type="application/pdf"} - [Ckpdf (PDF)](/-/media/websites/imf/imported-events/external/np/seminars/eng/2012/fincrises/pdf/_ckpdf.pdf){rel="external" type="application/pdf"} - [Degregpdf (PDF)](/-/media/websites/imf/imported-events/external/np/seminars/eng/2012/fincrises/pdf/_degregpdf.pdf){rel="external" type="application/pdf"} - [Dl1pdf (PDF)](/-/media/websites/imf/imported-events/external/np/seminars/eng/2012/fincrises/pdf/_dl1pdf.pdf){rel="external" type="application/pdf"} - [Posterpdf (PDF)](/-/media/websites/imf/imported-events/external/np/seminars/eng/2012/fincrises/pdf/_posterpdf.pdf){rel="external" type="application/pdf"} - [Shinpdf (PDF)](/-/media/websites/imf/imported-events/external/np/seminars/eng/2012/fincrises/pdf/_shinpdf.pdf){rel="external" type="application/pdf"} --- _Source: https://www.imf.org/zh/news/seminars/conferences/2016/12/31/financial-crises-causes-consequences-and-policy-responses_