01669cas a2200241 a 4500 AALejournalIMF001895 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451847710 1018-5941 BD-DhAAL BD-DhAAL International Monetary Fund. Banking Crises and Bank Resolution : Experiences in Some Transition Economies. Washington, D.C. : International Monetary Fund, 2002. 1 online resource (70 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 Like most transition economies, Bulgaria, Lithuania, and Mongolia suffered severe banking crises, which had to be resolved before growth could resume. The macroeconomic and institutional failings that led to these crises are described, and parallels are drawn with the causes of banking crises in industrial and developing countries. Resolving the crises proved technically and politically difficult, and setbacks occurred. Successful resolution required the implementation of a comprehensive and decisive strategy, involving thorough-going bank restructuring, heavy fiscal costs, and institutional and legal reforms. Mode of access: Internet IMF Working Papers; Working Paper ; No. 2002/056 Full text available on IMF http://elibrary.imf.org/view/journals/001/2002/056/001.2002.issue-056-en.xml IMF e-Library