Myanmar's Banking Crisis
Myanmar's Banking Crisis
复制标题
缅甸的银行业危机
DOI：
10.1355/ae20-3f
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发表时间：
2003
期刊：
影响因子：
--
通讯作者：
S. Turnell
中科院分区：
文献类型：
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作者：
S. Turnell
2003年初，缅甸经历了严重的银行危机。由一批非正规金融公司倒闭引发的恐慌迅速引发了对该国新生的私人银行业的信心危机。向银行提供及时和可信的流动性支持本可以限制损失，但事实证明缅甸货币当局无法完成这项任务。本文探讨了缅甸最近的金融危机所采取的过程，提出了对政策的反应，并提出了一些想法，如何可以避免它对真实的经济造成的损害。
In early 2003 Myanmar experienced a severe banking crisis. Triggered by a collapse amongst a cohort of informal finance companies, the resultant panic quickly sparked a crisis of confidence in the country's nascent private banking sector. Prompt and credible liquidity support to the banks could have limited the damage, but Myanmar's monetary authorities proved unequal to the task. This paper examines the course taken by Myanmar's latest financial crisis, presents a critique of the policy responses to it and concludes with some thoughts on how the damage it wrought on the real economy could have been avoided.