The causes of banking crises can be categorised under
several headings: macroeconomic instability; deficient
supervision; poor strategies; weak management;
inadequate control systems; operational failures; fraud.
The experience of a number of countries is reviewed.
Whatever the causes, the authorities need a coherent
strategy for addressing such crises. Various aspects of
crisis management are discussed, and recommendations
made. pdf-file
This study is from 1997. Nevertheless,
it is still relevant and well worth reading in the
context of the 2007 sub-prime-crisis.
