Crisis and Reform : The 1893 Demise of Banca Romana /

More than a century later, the Banca Romana crisis still provides useful insights on the challenges of preserving financial stability. This paper reviews the case and discusses implications that can be relevant today. The crisis was spurred by an unsustainable credit expansion encouraged by capital...

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Dettagli Bibliografici
Autore principale: Pani, Marco
Natura: Periodico
Lingua:English
Pubblicazione: Washington, D.C. : International Monetary Fund, 2017.
Serie:IMF Working Papers; Working Paper ; No. 2017/274
Accesso online:Full text available on IMF