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Regulation and taxation of commercial banks during the international debt crisis (English)

The debt crisis burst upon the world's attention in the summer of 1982 and has generated a great deal of discussion and debate. Most attention has been focused on schemes to solve the crisis, justifications for various forms of debt relief and reduction, and defenses of creditor positions. There has been substantial progress on a number of fronts in the debt crisis. One such example has been the substantial progress made in clarifying and refining the tax and regulatory environments for creditor banks in their own countries. The authors have organized the book with the summary material in the beginning: descriptions of the debt reduction operations and the responses of the commercial banks to them, with particular attention to the influences of the tax and regulatory environments faced in each jurisdiction. The latter part presents much more detail of each creditor country's regulations and is intended to serve as a reference. This book should be a valuable resource for further research and analysis of the debt crisis and the role played by the regulatory environment.

Details

  • Author

    Hay, Jonathan Paul, Nirmaljit

  • Document Date

    1991/10/31

  • Document Type

    Publication

  • Report Number

    WTP158

  • Volume No

    1

  • Total Volume(s)

    1

  • Disclosure Date

    2010/07/01

  • Doc Name

    Regulation and taxation of commercial banks during the international debt crisis

  • Keywords

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Citation

Hay, Jonathan Paul, Nirmaljit

Regulation and taxation of commercial banks during the international debt crisis (English). World Bank technical paper ; no. WTP 158 Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/909821468766244177/Regulation-and-taxation-of-commercial-banks-during-the-international-debt-crisis