Stabilizing and reviving the financial system
Download Stabilizing and reviving the financial system
Employing guarantee structures, “bad banks,” and other mechanisms to combat the financial crisis
As we developed our views on stabilizing and reviving the financial system, we decided to focus on ways to potentially enhance a number of current approaches that have been taken around the world to combat the financial crisis rather than to engage in a lengthy critique or propose a “one size fits all” solution. In doing so, we have attempted to develop a more holistic “framework for action,” which financial institutions, investors, and policymakers around the world can use to implement ideas and options that make sense within the context of their unique circumstances.