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United States :, Publication of Financial Sector Assessment Program Documentation: Technical Note on Crisis Management Arrangements

This paper presents a technical note on Crisis Management Arrangements for the United States. The crisis has seen widespread systemic instability, large-scale fiscal support, and an increase in moral hazard. The lack of a formal systematic process for the assessment of risks may have contributed to a slow response to identified risks, but the additional complexity of coordinating interagency actions in response to identified risks did not help. Power to act remained with the individual agencies, and coordinating a response to identified risks could take time
Table Of Contents
Contents; Glossary; Executive Summary; I. Introduction and Main Findings; II. Crisis Management Process; A. Desirable Properties; Tables; 1. Cross-Country Comparison of Interention Costs; B. U.S. Crisis Coordination Arrangements; Boxes; 1. President's Working Group on Financial Markets; C. Evaluation of U.S. Crisis Management Arrangements; D. Proposed Regulatory Reforms; III. Crisis Management Policy Design; A. Emergency Liquidity Assistance; B. Deposit Insurance; C. Resolution; IV. Cross-Border Issues; 2. FSF Principles for Cross-Border Coordination in Crisis Management
Literary Form
non fiction
Description based upon print version of record
Physical Description
1 online resource (42 p.)
Specific Material Designation
Form Of Item

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