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...

Ausführliche Beschreibung

Bibliographische Detailangaben
1. Verfasser: Druck, Pablo
Weitere Verfasser: Dehesa, Mario
Format: Zeitschrift
Sprache:English
Veröffentlicht: Washington, D.C. : International Monetary Fund, 2008.
Schriftenreihe:IMF Working Papers; Working Paper ; No. 2008/214
Online Zugang:Full text available on IMF