The International Lender of Last Resort : How Large is Large Enought? /
This paper considers how an international lender of last resort (LOLR) can prevent self-fulfilling banking and currency crises in emerging economies. We compare two different arrangements: one in which the international LOLR injects liquidity into international financial markets, and one in which it...
| Hlavní autor: | |
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| Médium: | Časopis |
| Jazyk: | English |
| Vydáno: |
Washington, D.C. :
International Monetary Fund,
2001.
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| Edice: | IMF Working Papers; Working Paper ;
No. 2001/076 |
| On-line přístup: | Full text available on IMF |