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Social and Behavioral Sciences Commons

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Macroeconomics

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1999

Financial Policy

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Full-Text Articles in Social and Behavioral Sciences

Institutional And Legal Impediments To Efficient Insolvent Bank Resolution And Ways To Overcome Them, Warren Coats, Arno Liuksila Jul 1999

Institutional And Legal Impediments To Efficient Insolvent Bank Resolution And Ways To Overcome Them, Warren Coats, Arno Liuksila

Warren Coats

This paper explores the legal constraints for establishing a more efficient procedure for removing unsuccessful banks from the system. It calls for special legal techniques that treat banks differently than other companies.