Restructuring distressed financial systems. (a review based on the World Development Report 1989): An article from: Finance & Development
Book Details
Author(s)Millard Long, Eirik Evenhouse
PublisherInternational Monetary Fund
ISBN / ASINB0008SDET8
ISBN-13978B0008SDET8
AvailabilityAvailable for download now
Sales Rank99,999,999
MarketplaceUnited States 🇺🇸
Description
This digital document is an article from Finance & Development, published by International Monetary Fund on September 1, 1989. The length of the article is 3395 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.
From the supplier: The World Development Report 1989 elucidates the causes, consequences and cures for bank problems in less developed countries (LDCs). Weak financial institutions are the result of: macroeconomic conditions; industrial and financial policy; and debtor and creditor behavior. The consequence of bank problems is an inefficient allocation of resources, resulting in: an inability to provide services; inhibited investment and production; and undermined macroeconomic stability. Economic recovery is dependent on restructuring financial institutions and instituting fiscal policies that promote voluntarism in mobilizing and allocating resources. Case-by-case intervention is the most efficient way to restructure ailing banks and entails decisions on: allocating losses; shifting the costs of asset replacement away from the central bank; and restructuring indebted borrowers.
Citation Details
Title: Restructuring distressed financial systems. (a review based on the World Development Report 1989)
Author: Millard Long
Publication:Finance & Development (Magazine/Journal)
Date: September 1, 1989
Publisher: International Monetary Fund
Volume: v26 Issue: n3 Page: p4(4)
Distributed by Thomson Gale
From the supplier: The World Development Report 1989 elucidates the causes, consequences and cures for bank problems in less developed countries (LDCs). Weak financial institutions are the result of: macroeconomic conditions; industrial and financial policy; and debtor and creditor behavior. The consequence of bank problems is an inefficient allocation of resources, resulting in: an inability to provide services; inhibited investment and production; and undermined macroeconomic stability. Economic recovery is dependent on restructuring financial institutions and instituting fiscal policies that promote voluntarism in mobilizing and allocating resources. Case-by-case intervention is the most efficient way to restructure ailing banks and entails decisions on: allocating losses; shifting the costs of asset replacement away from the central bank; and restructuring indebted borrowers.
Citation Details
Title: Restructuring distressed financial systems. (a review based on the World Development Report 1989)
Author: Millard Long
Publication:Finance & Development (Magazine/Journal)
Date: September 1, 1989
Publisher: International Monetary Fund
Volume: v26 Issue: n3 Page: p4(4)
Distributed by Thomson Gale
