دورية أكاديمية

International Lending of Last Resort in Historical and Theoretical Perspectives: Introduction

التفاصيل البيبلوغرافية
العنوان: International Lending of Last Resort in Historical and Theoretical Perspectives: Introduction
المؤلفون: Trautwein Hans-Michael
المصدر: Jahrbuch für Wirtschaftsgeschichte, Vol 63, Iss 2, Pp 303-310 (2022)
بيانات النشر: De Gruyter, 2022.
سنة النشر: 2022
المجموعة: LCC:Economic history and conditions
LCC:Economics as a science
مصطلحات موضوعية: financial crises, lending of last resort, monetary union, gold standard, central bank cooperation, finanzkrisen, kreditvergabe der letzten instanz, währungsunion, goldstandard, zentralbankkooperation, b 13, b 27, e 42, e 58, f 33, f 45, g 01, Economic history and conditions, HC10-1085, Economics as a science, HB71-74
الوصف: This paper provides an introduction to the special issue on international lending of last resort. Starting from debates about rescue operations and unconventional policies of major central banks in the contexts of the Global Financial Crisis and the European Debt Crisis, it draws attention to recurring controversies about trade-offs between averting critical contagion in financial markets and avoiding moral hazard. The need for international lending of last resort in strongly interconnected financial systems is more than ever evident, but there is no clear consensus on how to manage it. The contributions to this special issue put relevant issues in historical and theoretical perspectives.
نوع الوثيقة: article
وصف الملف: electronic resource
اللغة: German
English
تدمد: 0075-2800
2196-6842
Relation: https://doaj.org/toc/0075-2800; https://doaj.org/toc/2196-6842
DOI: 10.1515/jbwg-2022-0011
URL الوصول: https://doaj.org/article/142d7a0505ca48cea632bf1268136fbf
رقم الأكسشن: edsdoj.142d7a0505ca48cea632bf1268136fbf
قاعدة البيانات: Directory of Open Access Journals
الوصف
تدمد:00752800
21966842
DOI:10.1515/jbwg-2022-0011