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...

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Bibliographic Details
Main Author: Druck, Pablo
Other Authors: Dehesa, Mario
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2008.
Series:IMF Working Papers; Working Paper ; No. 2008/214
Online Access:Full text available on IMF