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List of contents
Introduction (G.G. Kaufman). PART I: Banking on Crises: Expensive Lessons (G. Caprio, Jr.). Current experiences in Southeast Asia (G. Garcia). The political economy of banking and financial regulatory reform in emerging markets (R.S. Kroszner). Czech banking reform: what went wrong and why? (T.S. Mondschean). Comment (P.M. Horvitz). PART II: Financial Fragility: Theories and Empirical Evidence (H.A. Benink). Korea and Japan: the end of the "Japanese Financial Regime," (T.F. Cargill). Bank relations and the perception of a bank crisis - A case study of Italy (P.M. Reedtz). Asian banking crises in the 1990s: all alike? (A.J. Schwartz). Comment (D. Evanoff). PART III: The Role of Governments and Markets in International Banking Crises: The Case of East Asia (J. Barth et al.). An examination of bank regulators' decisions to fail banks: an international perspective (P.F. Bartholomew, B.E. Gup). Does the publication of supervisory enforcement actions add to Market discipline (R.A. Gilbert, M.D. Vaughan). Central banks, asset bubbles, and financial stability (G.G. Kaufman). Comment (R. Nelson).
Summary
Contains papers presented at the annual meeting of the Western Economic Association in Lake Tahoe, Nevada in 1998. Focusing on the banking and financial crises, this volume describes, discusses and evaluates alternative procedures for resolving bank insolvencies and recapitalizing the banking system, and suggests ways of maintaining bank solvency.
