It takes the average reader 3 hours and 34 minutes to read Preventing Financial Chaos: An International Guide to Legal Rules and Operational Procedures for Handling Insolvent Banks by Robert L. Ramsey
Assuming a reading speed of 250 words per minute. Learn more
There is a fundamental reason, the authors of this book contend, why national financial systems falter and collapse: the failure of central banks and other supervisory authorities to deal promptly and decisively with insolvent banks. In Preventing Financial Chaos, Ramsey and Head, both well-known to the international banking community for their restructuring services in developing and transitional economies, take a no-nonsense attitude and show exactly how to usher a problem bank out of the financial system in any country. Their clearly defined rules and procedures build disciplined, competent action that activates political will and successfully curtails systemic chaos. With this nuts-and-bolts guide, policymakers, legislators, central bank officials, and representatives of international financial institutions will be able to achieve the following: recognize, monitor and resolve bank failures; conduct timely and orderly closing of problem banks; and develop national legislation to prevent the spread of bank insolvency. The authors' firmly-held convictions about which choices should be made and why is sure to launch an important debate among lawyers, bankers and academics--a debate which will inevitably focus much-needed attention on one of the most urgent problems in today's interdependent world economic order.
Preventing Financial Chaos: An International Guide to Legal Rules and Operational Procedures for Handling Insolvent Banks by Robert L. Ramsey is 208 pages long, and a total of 53,664 words.
This makes it 70% the length of the average book. It also has 66% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes 4 hours and 53 minutes to read Preventing Financial Chaos: An International Guide to Legal Rules and Operational Procedures for Handling Insolvent Banks aloud.
Preventing Financial Chaos: An International Guide to Legal Rules and Operational Procedures for Handling Insolvent Banks is suitable for students ages 12 and up.
Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.
When deciding what to show young students always use your best judgement and consult a professional.
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