Who Pays for Bank Insolvency?

List of Tables List of Figures Preface Acknowledgements Notes on the Contributors Introduction PART I: THE PROBLEM AND THE PROPOSED SOLUTION An Overview of the Issues; D.G.Mayes The New Approach to Orderly Bank Exit: Questions and Answers; A.Liuksila PART II: HOW BIG IS THE PROBLEM? Disclosure as a Cure for Moral Hazard: Necessary but Insufficient; G.H.Stern The Incentive Compatible Design Of Deposit Insurance and Bank Failure Resolution: Concepts and Country Studies T.Beck Small Countries, Large Multi-Country Banks: a challenge to supervisors - the example of the Nordic-Baltic area; J.Sigurðsson The Economic Impact of Insolvency Law; B.Blowers & G.Young Do Bank Exit Regimes affect Banking Conditions?; P.Granlund PART III: APPROACHES TO SOLVING THE PROBLEM A European Approach to Banking Crises; H.Brouwer, G.Hebbink & S.Wesseling Avoiding a Crisis: Lessons from the Danish Experience; E.Mølgaard Learning Lessons and Implementing a New Approach to Bank Insolvency Resolution in Switzerland; E.H.G.Hüpkes Bank Resolution Policy and the Organization of Bank Insolvency Proceedings: Critical Dilemmas; C.Hadjiemmanuil Appendix 1: The Proposed Approach to Bank Insolvency Legislation; D.G.Mayes, L.Halme & A.Liuksila Appendix 2: The Basel Committee Guidance on Weak Banks References Index