Dewatripont, Mathias; Freixas, Xavier - In: Oxford Review of Economic Policy 27 (2011) 3, pp. 411-436
More than ever, the current crisis has highlighted the cost of banking crises in budgetary and economic growth terms. Whether or not to restructure a bank is a key determinant of who bears the costs. The present article surveys the main issues concerning banks' restructuring, by considering the...