‘Too Big to Fail’ – Can Alternative Resolution Regimes Really Remedy Systemic Risk in Large Financial Institutions Insolvency?
22 Pages Posted: 13 Jul 2014
Date Written: May 1, 2010
In view of preliminary lessons learnt from the global financial crisis since 2007, the paper develops a conceptual framework for the functional analysis of bank insolvency regimes and, against this background, analyses a package of reforms adopted in Germany in 2010.
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