دورية أكاديمية
International Lending of Last Resort in Historical and Theoretical Perspectives: Introduction
العنوان: | International Lending of Last Resort in Historical and Theoretical Perspectives: Introduction |
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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 |
تدمد: | 00752800 21966842 |
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DOI: | 10.1515/jbwg-2022-0011 |