Indonesia : Anatomy of a Banking Crisis Two Years of Living Dangerously 1997-99 »
Journal Issue
Volume/Issue: 2001/52
Series: IMF Working Papers
Author(s): Arto Kovanen , Olivier Frecaut , Barbara Baldwin , and Charles Enoch
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 May 2001
DOI: http://dx.doi.org/10.5089/9781451847253.001
ISBN: 9781451847253
Keywords: banking, recapitalization, banking sector, banking system, Financial Institutions and Services: Government Policy and Regulation, Economic History: Financial Markets and Institutions: Asia including Middle East, Economywide Country Studies: Asia including Middle East,
This study looks at the first two years of the banking crisis that erupted in Indonesia in late 1997. It finds that the banking sector was weak at the outset, and that governance problems intensified the crisis and...