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Banking crises around the world: different governments, different responses


  • Silvio Contessi
  • Hoda S. El-Ghazaly


Over the past 40 years, there have been more than 120 banking crises around the world. Different governments have responded in different ways. The gross and net costs as a percentage of GDP range wildly, anywhere from less than 1 percent to well beyond 30 percent.

Suggested Citation

  • Silvio Contessi & Hoda S. El-Ghazaly, 2011. "Banking crises around the world: different governments, different responses," The Regional Economist, Federal Reserve Bank of St. Louis, issue Apr, pages 10-16.
  • Handle: RePEc:fip:fedlre:y:2011:i:apr:p:10-16

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    Cited by:

    1. Ahrendsen, Bruce L., 2012. "The Global Financial Crisis: Implications For Capital To Agribusiness," APSTRACT: Applied Studies in Agribusiness and Commerce, AGRIMBA, vol. 6.


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