The banking crisis in Chile in 1981-83 was widespread - representing about 60 percent of the banking system's total portfolio. The crisis arose because of macroeconomic problems and was exacerbated by unsound financial practices. The government was faced with two extreme solutions: to let insolvent banks go bankrupt, or to bail them out, absorbing their losses. Some institutions were liquidated, and others were rescued and rehabilitated, depending...
انظر المزيد
تفاصيل
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1989/12/31
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ورقة عمل خاصة ببحوث السياسات
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WPS300
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1
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1
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2010/7/01
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Disclosed
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How the 1981-83 Chilean banking crisis was handled
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banking institution