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.

Bibliographic Details
Main Author: Obstfeld, Maurice
Format: Journal Article
Published: World Bank 2012
Subjects:
Online Access:http://hdl.handle.net/10986/4606
id okr-10986-4606
recordtype oai_dc
spelling 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
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