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Andrew Sheng - Bank restructuring: lessons from the 1980s

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title Bank Restructuring Lessons From the 1980s author Sheng - photo 1

title:Bank Restructuring : Lessons From the 1980s
author:Sheng, Andrew.
publisher:World Bank
isbn10 | asin:0821335197
print isbn13:9780821335192
ebook isbn13:9780585244419
language:English
subjectBank management, Bank failures--Case studies, Banks and banking--United States--Case studies, Banks and banking--Spain--Case studies, Banks and banking--Developing countries--Case studies.
publication date:1995
lcc:HG1615.B3515 1996eb
ddc:332.1
subject:Bank management, Bank failures--Case studies, Banks and banking--United States--Case studies, Banks and banking--Spain--Case studies, Banks and banking--Developing countries--Case studies.
Page i
Bank Restructuring
Lessons from the 1980s
Edited by Andrew Sheng
Bank restructuring lessons from the 1980s - image 2
Page ii
1996 The International Bank
for Reconstruction and Development/The World Bank
1818 H Street, N.W., Washington, D.C. 20433, U.S.A.
All rights reserved
Manufactured in the United States of America
First printing January 1996
Second printing October 1999
The findings, interpretations, and conclusions expressed in this publication are those of the authors and do not necessarily represent the views and policies of the World Bank or its Board of Executive Directors or the countries they represent.
The material in this publication is copyrighted. Requests for permission to reproduce portions of it should be sent to the Office of the Publisher at the address shown in the copyright notice above. The World Bank encourages dissemination of its work and will normally give permission promptly and, when the reproduction is for noncommercial purposes, without asking a fee. Permission to copy portions for classroom use is granted through the Copyright Clearance Center, Inc., Suite 910, 222 Rosewood Drive,. Danvers, Massachusetts 01923, U.S.A.
The complete backlist of publications from the World Bank is shown in the annual Index of Publications, which contains an alphabetical title list (with full ordering information) and indexes of subjects, authors, and countries and regions. The latest edition is available free of charge from Distribution Unit, Office of the Publisher, The World Bank, 1818 H Street, N.W., Washington, D.C. 20433, U.S.A., or from Publications, The World Bank, 66, avenue d'lna, 75116 Paris, France.
Andrew Sheng is Deputy Chief Executive (Monetary) of the Hong Kong Monetary Authority.
Library of Congress Cataloging-in-Publication Data
Bank restructuring : lessons from the 1980s / edited by Andrew Sheng.
p. cm.
Includes bibliographical references.
ISBN 0-8213-3519-7
1. Bank management. 2. Bank failuresCase studies. 3. Banks and
bankingUnited StatesCase studies. 4. Banks and bankingSpain
Case studies. 5. Banks and bankingDeveloping countriesCase
studies. I. Sheng, Andrew.
HG1615.B3515 1996
332.1dc20 95-49776
CIP
Page iii
Contents
Foreword
v
Acknowledgments
vi
Introduction
1
1. Banking Fragility in the 1980s: An Overview
Andrew Sheng
5
2. Bank Restructuring Techniques
Andrew Sheng
25
3. Resolution and Reform: Supervisory Remedies for Problem Banks
Andrew Sheng
49
4. The United States: Resolving Systemic Crisis, 198191
Andrew Sheng
71
5. Bank Restructuring in Spain, 197785
Andrew Sheng
87
6. Structural Weaknesses and Colombia's Banking Crisis, 198288
Fernando Montes-Negret
99
7. Malaysia's Bank Restructuring, 198588
Andrew Sheng
109
8. Ghana's Financial Restructuring, 198391
Andrew Sheng and Archibald A. Tannor
123
9. Yugoslavia: Financial Restructuring in a Transition Economy, 198390
Andrew Sheng
133
10. Financial Liberalization and Reform, Crisis, and Recovery in the Chilean Economy, 197487
Andrew Sheng
147
11. Argentina's Financial Crises and Restructuring in the
Luis A. Giorgio and Silvia B. Sagari
161
12. Post-Liberalization Bank Restructuring
Andrew Sheng
175

Page iv
About the authors
Andrew Sheng is Deputy Chief Executive (Monetary) of the Hong Kong Monetary Authority.
Fernando Montes-Negret is Principal Financial Economist, Financial Sector Development Department, at the World Bank.
Archibald A. Tannor is Director, Banking Supervision, Bank of Ghana.
Luis A. Giorgio is Deputy Director, Center for Latin American Monetary Studies.
Silvia Sagari is Chief, Industry and Energy Division, Western Africa Department, at the World Bank.
Page v
Foreword
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