The Eastern Caribbean Central Bank : Challenges to an Effective Lender of Last Resort / Druck, Pablo.
The paper analyzes the challenges for the Eastern Caribbean Central Bank (ECCB) to be an effective lender of last resort (LOLR) as part of a modern banking crisis resolution framework. The main results from the theoretical model of the ECCB's institutional arrangement are that the majority of c...
Fuld beskrivelse
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