The IMF’s role in the euro-area crisis: financial sector aspects

Highlights The International Monetary Fund (IMF) played a ground-breaking role in understanding the financial-sector dynamics of the euro-area crisis. It was the first public authority, and one of the first more generally, to acknowledge the role of the bank-sovereign vicious circle as the central driver of contagion in the euro area. It was the first public authority to articulate a clear vision of banking union as an essential policy response,...

[1]  Tokunboh Ishmael The Forgotten History of Domestic Debt , 2011 .

[2]  A. Mody,et al.  The Eurozone Crisis: How Banks and Sovereigns Came to Be Joined at the Hip , 2011, SSRN Electronic Journal.

[3]  I. Drechsler,et al.  A Pyrrhic Victory? - Bank Bailouts and Sovereign Credit Risk , 2011 .

[4]  Jean Pisani-Ferry,et al.  A comprehensive approach to the euro-area debt crisis. Bruegel Policy Brief 2011/02, February 2011 , 2011 .

[5]  Anna Gelpern Banks, Governments and Debt Crises , 2011 .

[6]  G. Wolff,et al.  Banking and Sovereign Risk in the Euro Area , 2010, SSRN Electronic Journal.

[7]  D. Hardy,et al.  Crisis Management and Resolution for a European Banking System , 2010, SSRN Electronic Journal.

[8]  F. Palm,et al.  Banking and Debt Crises in Europe: The Dangerous Liaisons? , 2010, SSRN Electronic Journal.

[9]  Edda Zoli,et al.  Euro Area Sovereign Risk During the Crisis , 2009, SSRN Electronic Journal.

[10]  Erlend W. Nier,et al.  The Need for Special Resolution Regimes for Financial Institutions - The Case of Theeuropean Union , 2009, SSRN Electronic Journal.

[11]  A. Posen,et al.  A Solution for Europe's Banking Problem , 2009 .

[12]  A. Mody From Bear Stearns to Anglo Irish: How Eurozone Sovereign Spreads Related to Financial Sector Vulnerability , 2009, SSRN Electronic Journal.

[13]  C. Borio The Financial Turmoil of 2007-?: A Preliminary Assessment and Some Policy Considerations , 2008 .

[14]  Wim Fonteyne,et al.  Integrating Europe's financial markets , 2007 .

[15]  Bernd Stauss,et al.  A Pyrrhic victory: The implications of an unlimited broadening of the concept of services , 2005 .

[16]  Charles Wyplosz,et al.  The IMF's role in Greece in the context of the 2010 stand-by arrangement , 2016 .

[17]  J. Pisani-Ferry,et al.  AN ACTION PLAN FOR EUROPE'S LEADERS , 2011 .

[18]  Christine Lagarde Global risks are rising, but there is a path to recovery , 2011 .

[19]  Klaus Regling,et al.  A Preliminary Report on The Source's of Ireland's Banking Crisis , 2010 .