The Eastern Caribbean Central Bank : Challenges to an Effective Lender of Last Resort /

The paper analyzes the challenges for the Eastern Caribbean Central Bank (ECCB) to be an effective lender of last resort (LOLR) as part of a modern banking crisis resolution framework. The main results from the theoretical model of the ECCB's institutional arrangement are that the majority of c...

Celý popis

Podrobná bibliografie
Hlavní autor: Druck, Pablo
Další autoři: Dehesa, Mario
Médium: Časopis
Jazyk:English
Vydáno: Washington, D.C. : International Monetary Fund, 2008.
Edice:IMF Working Papers; Working Paper ; No. 2008/214
On-line přístup:Full text available on IMF