Lender of Last Resort and Global Liquidity
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.
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Online Access: | http://hdl.handle.net/10986/4606 |
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okr-10986-46062021-04-23T14:02:18Z Lender of Last Resort and Global Liquidity Obstfeld, Maurice balance sheet balance sheets bank credits bankruptcy central bank central banks federal reserve financial crises financial crisis financial flows financial instability financial markets lender lender-of-last-resort lenders liquidity national bank national finance swap swaps 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. 2012-03-30T07:12:42Z 2012-03-30T07:12:42Z 2009-12-01 Journal Article Development Outreach 1020-797X http://hdl.handle.net/10986/4606 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank Journal Article Singapore Portugal Pakistan Timor-Leste |
repository_type |
Digital Repository |
institution_category |
Foreign Institution |
institution |
Digital Repositories |
building |
World Bank Open Knowledge Repository |
collection |
World Bank |
topic |
balance sheet balance sheets bank credits bankruptcy central bank central banks federal reserve financial crises financial crisis financial flows financial instability financial markets lender lender-of-last-resort lenders liquidity national bank national finance swap swaps |
spellingShingle |
balance sheet balance sheets bank credits bankruptcy central bank central banks federal reserve financial crises financial crisis financial flows financial instability financial markets lender lender-of-last-resort lenders liquidity national bank national finance swap swaps Obstfeld, Maurice Lender of Last Resort and Global Liquidity |
geographic_facet |
Singapore Portugal Pakistan Timor-Leste |
description |
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. |
format |
Journal Article |
author |
Obstfeld, Maurice |
author_facet |
Obstfeld, Maurice |
author_sort |
Obstfeld, Maurice |
title |
Lender of Last Resort and Global Liquidity |
title_short |
Lender of Last Resort and Global Liquidity |
title_full |
Lender of Last Resort and Global Liquidity |
title_fullStr |
Lender of Last Resort and Global Liquidity |
title_full_unstemmed |
Lender of Last Resort and Global Liquidity |
title_sort |
lender of last resort and global liquidity |
publisher |
World Bank |
publishDate |
2012 |
url |
http://hdl.handle.net/10986/4606 |
_version_ |
1764392097621737472 |