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Handling of Systemic Crises

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  • International Association of Deposit Insurers

Abstract

The 2007/08 global financial crisis is said to be the severest after the Great Depression in the 1930’s. Based on the survey results from 51 deposit insurers around the world and the previous literatures, this paper takes a look at the crisis responses taken by deposit insurers to deal with systemic risks and systemic crises during the 2007/08 global financial crisis. It also induces lessons and implications for deposit insurers and deposit insurance systems to effectively prevent and overcome future crises.

Suggested Citation

  • International Association of Deposit Insurers, 2012. "Handling of Systemic Crises," IADI Research Papers 12-10, International Association of Deposit Insurers.
    • Handle: RePEc:awl:respap:1210
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    References listed on IDEAS

    as
    1. International Association of Deposit Insurers, 2009. "Funding of Deposit Insurance Systems," IADI Guidance Papers 09-04, International Association of Deposit Insurers.
    2. Masahiro Kawai & Michael Pomerleano, 2011. "Regulating Systemic Risk," World Scientific Book Chapters, in: Asli Demirgüç-Kunt & Douglas D Evanoff & George G Kaufman (ed.), The International Financial Crisis Have the Rules of Finance Changed?, chapter 10, pages 127-153, World Scientific Publishing Co. Pte. Ltd..
    3. Mr. Luc Laeven & Mr. Fabian Valencia, 2010. "Resolution of Banking Crises: The Good, the Bad, and the Ugly," IMF Working Papers 2010/146, International Monetary Fund.
    4. Ceyla Pazarbasioglu & Mr. Luc Laeven & Mrs. Oana M Croitoru & Mr. Stijn Claessens & Mr. Fabian Valencia & Mr. Marc C Dobler & Katharine Seal, 2011. "Crisis Management and Resolution: Early Lessons from the Financial Crisis," IMF Staff Discussion Notes 2011/005, International Monetary Fund.
    5. Mr. Fabian Valencia & Mr. Luc Laeven, 2008. "Systemic Banking Crises: A New Database," IMF Working Papers 2008/224, International Monetary Fund.
    6. Beat Bernet & Susanna Walter, 2009. "Design, Structure and Implementation of a Modern Deposit Insurance Scheme," SUERF Studies, SUERF - The European Money and Finance Forum, number 2009/5 edited by Morten Balling, May.
    7. Gerhardt, Maria & Lannoo, Karel, 2011. "Options for reforming deposit protection schemes in the EU," ECRI Papers 4339, Centre for European Policy Studies.
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    More about this item

    Keywords

    deposit insurance; bank resolution;

    JEL classification:

    • G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages
    • G33 - Financial Economics - - Corporate Finance and Governance - - - Bankruptcy; Liquidation

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