Bank Bailouts: A Billion Here, A Billion There

By Paul Kedrosky · February 12, 2008 · ·

Bank crises are expensive propositions — and even more so if you decide to try to bail the bastards out. Some good data on the preceding in this chart, which shows banking crises and puts their cost as a percentage of country GDP:

bank-crises

Source: Calomiris and Beim (2000)

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  1. Fed/Banking Quote du Jour
  2. The First Non-Bank Bank Run
  3. No Bank of Bentonville is Bad
  4. Books: Why Are there So Many Central Banking Crises?
  5. Tiger Woods’ 2007: Best Year in Modern Golf?

Comments

  1. Mcdruid says:
    February 12, 2008 at 6:13 pm

    So for Japan, is it 12% of one year’s GDP, or over the whole of the 90′s? Unless it is annualized, the chart is meaningless.