Enemy of None But a Common Friend of All? an International Perspective on the Lender-Of-Last-Resort Function
Author:   Curzio Giannini
Publisher:   Princeton University Press
ISBN:  

9786613775887


Pages:   59
Publication Date:   01 January 1999
Format:   Electronic book text
Availability:   Available To Order   Availability explained
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Enemy of None But a Common Friend of All? an International Perspective on the Lender-Of-Last-Resort Function


Overview

Central Banks suffer from the limitation...that they are national central banks. Only in a national economy that is largely self-contained, can a central bank be a true central bank; with the development of world markets, and (especially) of world financial markets, national central banks take a step down, becoming single banks in a world-wide system, not at the centre any longer. Thus, the problem that was (partially) solved by the institution of national central banks has reappeared, and is still unresolved (though we are trying to solve it) on the world level.2

Full Product Details

Author:   Curzio Giannini
Publisher:   Princeton University Press
Imprint:   Princeton University Press
ISBN:  

9786613775887


ISBN 10:   6613775886
Pages:   59
Publication Date:   01 January 1999
Audience:   General/trade ,  General
Format:   Electronic book text
Publisher's Status:   Active
Availability:   Available To Order   Availability explained
We have confirmation that this item is in stock with the supplier. It will be ordered in for you and dispatched immediately.

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