Resolution of Cross-Border Banking Crises in the EU

Name: Resolution of Cross-Border Banking Crises in the EU
Brand: Kluwer Law International
Availability: OutOfStock
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Description

Any policy aimed at resolution of a banking crisis determines which constituents - depositors, creditors, shareholders, the banking industry, and society as a whole - eventually bear the costs associated with a banking crisis, thus giving rise to legitimacy and accountability concerns. Rather than what the recent financial crisis has engendered - mostly ad hoc reactions that socialize losses but not profits - what is required, this incisive analysis shows, is an equitable and viable resolution framework, based on burden sharing, enshrined in law, and designed to deal with bank failures in a way that balances private and public interests.

Product details

Number of Pages:: 344
Release Date:: 2014-01-30
Publication Date:: 2014-01-11
Publisher:: Kluwer Law International
Languages:: Original: English
ISBN10:: 9041149090
ISBN13:: 9789041149091
GPSR Manufacturer Reference:: [email protected]
Weight:: 653 g
Height:: 16.4 cm
Width:: 24.1 cm
Thickness:: 2.7 cm

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