01775cas a2200253 a 4500 AALejournalIMF000678 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451944235 1018-5941 BD-DhAAL BD-DhAAL Bayoumi, Tamim. Market-Based Policy Instruments for Systemic Bank Restructuring / Tamim Bayoumi, Paul Masson. Washington, D.C. : International Monetary Fund, 1998. 1 online resource (25 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students Since the early 1980s, well over 100 countries have experienced systemic bank insolvencies. An important innovation among the resulting policies for reestablishing bank soundness has been the reliance on market-based instruments and policies, in contrast to the largely non-market-oriented approach taken in the 1930s during the last big wave of banking crises. This paper surveys and assesses market-based policy instruments employed to overcome systemic bank problems. Considerations regarding the design and mix of instruments as well as cost-sharing arrangements are shown to be key aspects of effective bank restructuring. Selected country examples are used to illustrate best practices. Mode of access: Internet Masson, Paul. IMF Working Papers; Working Paper ; No. 1998/113 Full text available on IMF http://elibrary.imf.org/view/journals/001/1998/113/001.1998.issue-113-en.xml IMF e-Library