The Lender of Last Resort in the European Single Financial Market /

Mostrar otras versiones (58)

This paper examines challenges in effectively implementing the lender-of-last-resort function in the EU single financial market. Briefly highlighted are features of the EU financial landscape that could increase EU systemic financial risk. Briefly described are the complexities of the EU's fina...

Descripción completa

Detalles Bibliográficos
Clasificación:Libro Electrónico
Autor principal: Teixeira, Pedro Gustavo
Autor Corporativo: International Monetary Fund
Otros Autores: Schinasi, Garry J.
Formato: Electrónico eBook
Idioma:Inglés
Publicado: Washington, D.C. : International Monetary Fund, 2006.
Colección:IMF Working Papers ; Working Paper no. 06/127.
Temas:
Lenders of last resort > Europe.
Banks and banking > Europe.
Prêteurs en dernier ressort > Europe.
Banks and banking
Lenders of last resort
Europe
Acceso en línea:Texto completo
Descripción
Sumario:This paper examines challenges in effectively implementing the lender-of-last-resort function in the EU single financial market. Briefly highlighted are features of the EU financial landscape that could increase EU systemic financial risk. Briefly described are the complexities of the EU's financialstability architecture for preventing and resolving financial problems, including lender-of-last-resort operations. The paper examines how the lender-of-last-resort function might materialize during a systemic financial disturbance affecting more than one EU member state. The paper identifies challenges and possible ways of enhancing the effectiveness of the existing architecture.
Notas:Available in PDF, ePUB, and Mobi formats on the Internet.
Descripción Física:1 online resource (23 pages)
Bibliografía:Includes bibliographical references.
ISBN:1451999364
9781451999365
ISSN:2227-8885 ;

Ejemplares similares