01729cas a2200241 a 4500 AALejournalIMF001190 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451974461 1934-7456 BD-DhAAL BD-DhAAL Enoch, Charles. Interventions in Banks During Banking Crises : The Experience of Indonesia / Charles Enoch. Washington, D.C. : International Monetary Fund, 2000. 1 online resource (31 pages) IMF Policy Discussion 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 Interventions in banks are often an integral element of a government's program for addressing a systemic banking crisis. Interventions may be warranted because the banks are deeply insolvent or riddled with fraud; they may be requiring substantial liquidity support. In some circumstances closures may be more effective than open bank resolution. There were four major sets of bank closures in Indonesia between November 1997 and March 1999. The initial closures were subject to criticism, but the more recent ones were viewed more positively. This paper looks at these experiences, and draws conclusions about closing banks in a systemic crisis. Mode of access: Internet IMF Policy Discussion Papers; Policy Discussion Paper ; No. 2000/002 Full text available on IMF http://elibrary.imf.org/view/journals/003/2000/002/003.2000.issue-002-en.xml IMF e-Library