"This volume presents two recent analyses, prompted by the recent
East Asian crisis, of government responses to financial crises. It
evaluates the tradeoffs involved in public policies for systemic
financial and corporate sector restructuring. This book also draws
on cross-country evidence to help determine whether specific crisis
containment and resolution policies effect the fiscal costs of
resolving a crisis. A comprehensive database, of 113 systemic
banking crises that have occurred in 93 countries since the 1970s,
is included. Also incorporated in this database is information on
50 borderline nonsystemic banking crises in 44 countries during
that same period of time."
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