Bank Failures Along The Years- Causes And Consequences
AbstractUntil recent years, formal bank insolvency proceedings were rare occurrences, with governments not coming more often to the rescue of failing banks. As a result, few studies relating to bank failure have paid much attention to the regulatory framework for failing banks and the conduct of formal bank insolvency proceedings. However, in the aftermath of the American financial crisis, more attention has been focused on issues of bank insolvency. Structural reforms in the banking sector of various countries, in particular the implementation of effective exit rules to expel insolvent and non-viable banks from the market, have been considered of primary importance to restoring confidence in the troubled banking sector. In addition, the ability of governments within the European Union to rescue insolvent banks has been significantly limited by strict rules on competition.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoArticle provided by Dimitrie Cantemir University, Faculty of Economical Science in its journal Academica Science Journal - Economica Series.
Volume (Year): 2 (2013)
Issue (Month): 3 (December)
Contact details of provider:
banking; fail; European Union; insolvency; financial crisis; rules;
You can help add them by filling out this form.
reading list or among the top items on IDEAS.Access and download statisticsgeneral information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Maria Oroian).
If references are entirely missing, you can add them using this form.