Financial Crises, Contagion, and the Lender of Last Resort
Contributors: Charles Goodhart (Editor); Gerhard Illing (Editor)
Publisher: Oxford University Press, USA
Published: February 28, 2002
Language: eng
Number of pages: 578
ISBN-13: 9780199247219
First sentence: The current international debt situation has led some analysts to suggest the possibility of a scenario whereby international debt defaults quickly lead to severe strains on domestic commercial banks.