The immediate financial sector policy responses to the financial crisis, including emergency liquidity support, expansion of financial safety nets, and interventions in financial institutions, have succeeded in stemming widespread panic. But the effort has generally been insufficient and ad hoc. Issues that remain include the resolution of problem assets, the restructuring of troubled, systemically important financial institutions, and the development...
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2009/06/01
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Brief
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49514
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1
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1
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2010/07/01
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Disclosed
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Dealing with the crisis
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Emerging economies
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Citation
Stephanou,Constantinos.
Dealing with the crisis (English). Crisis response note ; no. 1 Washington, DC: World Bank. http://documents.worldbank.org/curated/en/346681468163748946