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The Economics of Bank Insolvency, Restructuring and Recapitalization

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Bank insolvency law, bank restructuring and the recapitalization of banks are not only legal or administrative issues but are of preeminent economic importance. To highlight the economic perspective, the OeNB hosted a two-day workshop on September 16 and 17, 2010, that was organized jointly by the OeNB’s Economic Studies Division and the Bonn-based Max Planck Institute for Research on Collective Goods. Controversial and intense discussions proved that there are many innovative ideas to tackle the problems but that there is also a great need for economic policy discussion.

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  • Helmut Elsinger & Martin Summer, 2010. "The Economics of Bank Insolvency, Restructuring and Recapitalization," Financial Stability Report, Oesterreichische Nationalbank (Austrian Central Bank), issue 20, pages 115-122.
  • Handle: RePEc:onb:oenbfs:y:2010:i:20:b:4
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