Lender of Last Resort and Global Liquidity

• Tác giả: Maurice Obstfeld
• Ngôn ngữ: eng
• Ký hiệu phân loại: 332.15 International banks
• Thông tin xuất bản: World Bank, 2012
• Bộ sưu tập: Tài liệu truy cập mở
• ID: 296996
• Chủ đề: 1. balance sheet; 2. balance sheets; 3. bank credits; 4. bankruptcy; 5. central bank

Tóm tắt

One important lesson of the crisis is the need to take a systemic view of measures aimed at financial stability. Measures that enhance the stability of a single institution could be inimical to the stability of the financial system as a whole.