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  • 标题:THE EFFECTS AND COST OF BANK RECAPITALIZATION IN THE CONTEXT OF FINANCIAL CRISES
  • 本地全文:下载
  • 作者:Barbu, Teodora ; Dardac, Nicolae ; Boitan, Iustina
  • 期刊名称:Theoretical and Applied Economics
  • 印刷版ISSN:1841-8678
  • 电子版ISSN:1844-0029
  • 出版年度:2009
  • 卷号:12(541)(supplement)
  • 期号:12(541)(supplement)
  • 页码:274-281
  • 出版社:Asociatia Generala a Economistilor din Romania - AGER
  • 摘要:Worldwide governments perform considerable financial efforts to support financial sector and the re-launch of lending. The mechanisms vary from the guarantee and purchase of troubled assets till injecting liquidity, by buying securities issued in order to increase financial institutions' equity. The emergence of these measures and their desirability, in the context in which it is based on public funds provided by taxpayers, have originated a lot of debate about the necessity, appropriateness and impact of these interventions. Our paper aims to summarize the main coordinates of programs designed to support banks, implemented by the governments, and the specific concerns of restructuring the financial institutions’ balance.
  • 关键词:financial crisis; troubled assets; recapitalization; competition distortion; recapitalization price.
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