TY - CHAP
T1 - Comments on “Private sector involvement in financial crisis resolution
T2 - Definition, measurement and implementation”
AU - Leiderman, Leonardo
N1 - Publisher Copyright:
© 2004 selection and editorial matter, Andrew G. Haldane; individual chapters, the authors. All rights reserved.
PY - 2004/1/1
Y1 - 2004/1/1
N2 - Private sector involvement (PSI) in financial crises resolution is certainly one of the central practical and policy topics in the current thinking about the international financial system. William Cline’s chapter is very useful as it not only reviews the many issues that are under debate, but also derives some estimates of PSI, starting with the Thai crisis of 1997. Using a narrow definition, the result is that approximately $240 billion were drawn in that context. There can be no doubt that this is a substantial amount which, when put together with official support, delivers an even higher amount of funds aimed at the resolution of these crises.
AB - Private sector involvement (PSI) in financial crises resolution is certainly one of the central practical and policy topics in the current thinking about the international financial system. William Cline’s chapter is very useful as it not only reviews the many issues that are under debate, but also derives some estimates of PSI, starting with the Thai crisis of 1997. Using a narrow definition, the result is that approximately $240 billion were drawn in that context. There can be no doubt that this is a substantial amount which, when put together with official support, delivers an even higher amount of funds aimed at the resolution of these crises.
UR - http://www.scopus.com/inward/record.url?scp=85145539243&partnerID=8YFLogxK
U2 - 10.4324/9780203390634-13
DO - 10.4324/9780203390634-13
M3 - ???researchoutput.researchoutputtypes.contributiontobookanthology.chapter???
AN - SCOPUS:85145539243
SN - 0203390636
SN - 9780415327602
SP - 95
EP - 98
BT - Fixing Financial Crises in the Twenty-first Century
PB - Taylor and Francis
ER -