Lessons from World Bank Research on Financial Crises
| dc.creator | World Bank | |
| dc.date | 2012-05-24T14:44:59Z | |
| dc.date | 2012-05-24T14:44:59Z | |
| dc.date | 2008-11 | |
| dc.date.accessioned | 2026-07-01T00:57:40Z | |
| dc.description | The benefits of financial development and globalization have come with continuing fragility in financial sectors. Periodic crises have had real but heterogeneous welfare impacts and not just for poor people; indeed, some of the conditions that foster deep and persistent poverty, such as lack of connectivity to markets, have provided a degree of protection for the poor. Past crises have also had longer-term impacts for some of those affected, most notably through the nutrition and schooling of children in poor families. As in other areas of policy, effective responses to a crisis require sound data and must take account of incentives and behavior. An important lesson from past experience is that the short-term responses to a crisis-macroeconomic stabilization, trade policies, financial sector policies and social protection-cannot ignore longer-term implications for both economic development and vulnerability to future crises. | |
| dc.format | application/pdf | |
| dc.format | text/plain | |
| dc.identifier | http://documents.worldbank.org/curated/en/2008/12/10107901/lessons-world-bank-research-financial-crises | |
| dc.identifier | https://hdl.handle.net/10986/6342 | |
| dc.identifier | https://doi.org/10.1596/1813-9450-4779 | |
| dc.identifier.uri | http://hdl.handle.net/123456789/413538 | |
| dc.language | English | |
| dc.publisher | Washington, DC: World Bank | |
| dc.relation | Policy Research Working Paper; No. 4779 | |
| dc.rights | CC BY 3.0 IGO | |
| dc.rights | http://creativecommons.org/licenses/by/3.0/igo/ | |
| dc.rights | World Bank | |
| dc.subject | ACCESS TO CREDIT | |
| dc.subject | ASSET PORTFOLIO | |
| dc.subject | ASSET VALUES | |
| dc.subject | ASYMMETRIC INFORMATION | |
| dc.subject | BAILOUTS | |
| dc.subject | BALANCE OF PAYMENTS | |
| dc.subject | BALANCE SHEETS | |
| dc.subject | BANK CREDIT | |
| dc.subject | BANK CREDITORS | |
| dc.subject | BANK POLICY | |
| dc.subject | BANK REGULATION | |
| dc.subject | BANKING CRISES | |
| dc.subject | BANKING CRISIS | |
| dc.subject | BANKING REGULATION | |
| dc.subject | BANKING SYSTEM | |
| dc.subject | BANKING SYSTEMS | |
| dc.subject | BANKRUPTCY | |
| dc.subject | BANKS | |
| dc.subject | BORROWING | |
| dc.subject | CAPITAL FLOWS | |
| dc.subject | CAPITAL INFLOWS | |
| dc.subject | CAPITAL MARKETS | |
| dc.subject | CASH FLOWS | |
| dc.subject | CASH TRANSFER | |
| dc.subject | CASH TRANSFERS | |
| dc.subject | CENTRAL BANK | |
| dc.subject | COLLATERAL | |
| dc.subject | COMMODITIES | |
| dc.subject | CONTINGENCY | |
| dc.subject | COST RECOVERY | |
| dc.subject | COUNTRY RISK | |
| dc.subject | CREDIBILITY | |
| dc.subject | CREDIT GROWTH | |
| dc.subject | CREDIT INCREASES | |
| dc.subject | CREDIT MARKET | |
| dc.subject | CREDIT PROVISION | |
| dc.subject | CREDIT RISK | |
| dc.subject | CRISIS MANAGEMENT | |
| dc.subject | CURRENCY BOARD | |
| dc.subject | CURRENCY DEVALUATION | |
| dc.subject | CURRENT ACCOUNT | |
| dc.subject | CURRENT ACCOUNT DEFICITS | |
| dc.subject | CURRENT INCOMES | |
| dc.subject | DEBT | |
| dc.subject | DEBT BURDEN | |
| dc.subject | DEBT BURDENS | |
| dc.subject | DEBT LEVELS | |
| dc.subject | DEBT SERVICING | |
| dc.subject | DEFAULT RISKS | |
| dc.subject | DEPOSIT | |
| dc.subject | DEPOSIT INSURANCE | |
| dc.subject | DEPOSITORS | |
| dc.subject | DEPOSITS | |
| dc.subject | DEVELOPING COUNTRIES | |
| dc.subject | DEVELOPING COUNTRY | |
| dc.subject | DEVELOPMENT BANK | |
| dc.subject | DIVERSIFICATION | |
| dc.subject | DOMESTIC CURRENCY | |
| dc.subject | DOMESTIC MARKETS | |
| dc.subject | DROUGHT | |
| dc.subject | EARNINGS | |
| dc.subject | ECONOMIC COST | |
| dc.subject | ECONOMIC DEVELOPMENT | |
| dc.subject | ECONOMIC SHOCKS | |
| dc.subject | EDUCATION PROGRAM | |
| dc.subject | EMERGING ECONOMIES | |
| dc.subject | EMERGING MARKET | |
| dc.subject | EMERGING MARKETS | |
| dc.subject | EQUITY MARKETS | |
| dc.subject | EXCHANGE RATES | |
| dc.subject | EXPENDITURES | |
| dc.subject | EXTERNAL DEBT | |
| dc.subject | EXTERNAL FINANCE | |
| dc.subject | EXTERNAL SHOCK | |
| dc.subject | EXTERNAL SHOCKS | |
| dc.subject | EXTRA CASH | |
| dc.subject | FEDERAL RESERVE | |
| dc.subject | FEDERAL RESERVE BANK | |
| dc.subject | FILING FOR BANKRUPTCY | |
| dc.subject | FINANCIAL CRISES | |
| dc.subject | FINANCIAL CRISIS | |
| dc.subject | FINANCIAL DEVELOPMENT | |
| dc.subject | FINANCIAL DISTRESS | |
| dc.subject | FINANCIAL FRAGILITY | |
| dc.subject | FINANCIAL INSTITUTIONS | |
| dc.subject | FINANCIAL INTERMEDIARIES | |
| dc.subject | FINANCIAL INTERMEDIATION | |
| dc.subject | FINANCIAL LIBERALIZATION | |
| dc.subject | FINANCIAL POLICIES | |
| dc.subject | FINANCIAL POSITION | |
| dc.subject | FINANCIAL PROBLEMS | |
| dc.subject | FINANCIAL PRODUCTS | |
| dc.subject | FINANCIAL REGULATION | |
| dc.subject | FINANCIAL RISK | |
| dc.subject | FINANCIAL RUIN | |
| dc.subject | FINANCIAL SECTOR | |
| dc.subject | FINANCIAL SECTORS | |
| dc.subject | FINANCIAL SHOCK | |
| dc.subject | FINANCIAL STABILITY | |
| dc.subject | FINANCIAL SYSTEM | |
| dc.subject | FINANCIAL SYSTEMS | |
| dc.subject | FISCAL POLICY | |
| dc.subject | FOREIGN CAPITAL | |
| dc.subject | FOREIGN DIRECT INVESTMENT | |
| dc.subject | FOREIGN INVESTORS | |
| dc.subject | FUTURE INCOMES | |
| dc.subject | GLOBAL MARKETS | |
| dc.subject | GLOBAL TRADE | |
| dc.subject | GLOBALIZATION | |
| dc.subject | GOVERNMENT INTERVENTION | |
| dc.subject | HEALTH INSURANCE | |
| dc.subject | HEALTH SPENDING | |
| dc.subject | HOUSEHOLD INCOME | |
| dc.subject | HOUSEHOLD INCOMES | |
| dc.subject | HUMAN CAPITAL | |
| dc.subject | HUMAN DEVELOPMENT | |
| dc.subject | HUMAN RESOURCES | |
| dc.subject | INCOME GROUPS | |
| dc.subject | INCOME SHOCKS | |
| dc.subject | INFLATION | |
| dc.subject | INFORMED INVESTORS | |
| dc.subject | INFRASTRUCTURE DEVELOPMENT | |
| dc.subject | INFRASTRUCTURE INVESTMENT | |
| dc.subject | INSURANCE | |
| dc.subject | INTEREST BURDEN | |
| dc.subject | INTEREST RATE | |
| dc.subject | INTEREST RATES | |
| dc.subject | INTERNATIONAL BANK | |
| dc.subject | INTERNATIONAL CAPITAL | |
| dc.subject | INTERNATIONAL ECONOMICS | |
| dc.subject | INTERNATIONAL FINANCE | |
| dc.subject | INTERNATIONAL FINANCIAL INTEGRATION | |
| dc.subject | INTERNATIONAL INVESTORS | |
| dc.subject | INTERNATIONAL TRADE | |
| dc.subject | INVESTOR CONFIDENCE | |
| dc.subject | LABOR FORCE | |
| dc.subject | LABOR HOURS | |
| dc.subject | LABOR MARKET | |
| dc.subject | LABOR MARKETS | |
| dc.subject | LANDHOLDERS | |
| dc.subject | LEGAL FRAMEWORK | |
| dc.subject | LENDER | |
| dc.subject | LENDER-OF-LAST-RESORT | |
| dc.subject | LEVY | |
| dc.subject | LIFETIME | |
| dc.subject | LIFETIME EARNINGS | |
| dc.subject | LIQUIDITY | |
| dc.subject | LONG-TERM GOALS | |
| dc.subject | MACROECONOMIC CRISES | |
| dc.subject | MACROECONOMIC POLICIES | |
| dc.subject | MACROECONOMIC POLICY | |
| dc.subject | MACROECONOMIC STABILIZATION | |
| dc.subject | MACROECONOMIC VOLATILITY | |
| dc.subject | MARKET DISCIPLINE | |
| dc.subject | MARKET ECONOMY | |
| dc.subject | MARKET FAILURES | |
| dc.subject | MARKET INTEREST RATES | |
| dc.subject | MARKET LIQUIDITY | |
| dc.subject | MARKET PARTICIPANTS | |
| dc.subject | MARKET REFORM | |
| dc.subject | MINIMUM WAGE | |
| dc.subject | MONETARY POLICIES | |
| dc.subject | MONETARY POLICY | |
| dc.subject | MORAL HAZARD | |
| dc.subject | MORTGAGES | |
| dc.subject | MUTUAL FUND | |
| dc.subject | MUTUAL FUND STRATEGIES | |
| dc.subject | NATURAL DISASTERS | |
| dc.subject | NET WORTH | |
| dc.subject | OPEN ECONOMIES | |
| dc.subject | OPPORTUNITY COST | |
| dc.subject | OUTPUT LOSS | |
| dc.subject | POLICY RESPONSE | |
| dc.subject | POLICY RESPONSES | |
| dc.subject | POLITICAL ECONOMY | |
| dc.subject | PORTFOLIO | |
| dc.subject | PORTFOLIOS | |
| dc.subject | POVERTY RATE | |
| dc.subject | PRIVATE CAPITAL | |
| dc.subject | PROBABILITY | |
| dc.subject | PRODUCTIVITY | |
| dc.subject | PRUDENTIAL REGULATION | |
| dc.subject | PUBLIC DEBT | |
| dc.subject | PUBLIC EXPENDITURES | |
| dc.subject | PUBLIC FINANCES | |
| dc.subject | PUBLIC SPENDING | |
| dc.subject | RAPID POPULATION GROWTH | |
| dc.subject | REAL COSTS | |
| dc.subject | RECESSION | |
| dc.subject | RECESSIONS | |
| dc.subject | RELIANCE ON SHORT-TERM DEBT | |
| dc.subject | REMITTANCES | |
| dc.subject | RESERVES | |
| dc.subject | RESPONSIBILITIES | |
| dc.subject | RETURN | |
| dc.subject | RETURNS | |
| dc.subject | RISK SHARING | |
| dc.subject | RURAL CREDIT | |
| dc.subject | SAFETY NET | |
| dc.subject | SAFETY NETS | |
| dc.subject | SAVINGS | |
| dc.subject | SELF-EMPLOYMENT | |
| dc.subject | SHAREHOLDERS | |
| dc.subject | SKILLED WORKERS | |
| dc.subject | SOCIAL PROTECTION | |
| dc.subject | SOVEREIGN RATINGS | |
| dc.subject | STOCK MARKET | |
| dc.subject | STOCK RETURNS | |
| dc.subject | STOCKS | |
| dc.subject | SUBORDINATED DEBT | |
| dc.subject | TAX | |
| dc.subject | TRADE CREDIT | |
| dc.subject | TRADE LIBERALIZATION | |
| dc.subject | TRADING | |
| dc.subject | TRADING SYSTEM | |
| dc.subject | TRANSITION ECONOMIES | |
| dc.subject | TRANSPARENCY | |
| dc.subject | UNEMPLOYED | |
| dc.subject | UNEMPLOYMENT | |
| dc.subject | URBAN POPULATIONS | |
| dc.subject | WAGE | |
| dc.subject | WAGES | |
| dc.subject | WEB SITE | |
| dc.subject | WORLD MARKET | |
| dc.subject | WORLD MARKET INTEGRATION | |
| dc.subject | WORLD TRADE | |
| dc.subject | YOUNG CHILDREN | |
| dc.title | Lessons from World Bank Research on Financial Crises |
