Banco Central de Reserva del Perú Banco Central de Reserva del Perú Investigación Económica y Financiera
ES

The Role of Central Banks as Lenders of Last Resort: How Much Has It Changed in the Wake of the International Financial Crisis?

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July 2012

Language: Spanish

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The Role of Central Banks as Lenders of Last Resort: How Much Has It Changed in the Wake of the International Financial Crisis?

Abstract

They discuss the recent evolution of this central bank practice in developed economies since the 2007–2009 global financial crisis and the public debt crisis currently threatening European economies.