In recent years, instability of the banking system has returned as a major problem in many countries, particularly in the developing world. In many cases, this instability has been so threatening to financial intermediation and the functioning of the payments system that governments have felt compelled to intervene and restructure banks, often at considerable cost to the public budget. One response to these problems has been a proposal to create failproof...
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1993/02/28
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Documento de trabalho sobre pesquisa de políticas
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WPS1095
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1
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1
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2010/07/01
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Are failproof banking systems feasible? Desirable?
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holding company
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