ISSN:
1995-2872
Language:
English
Pages:
44 p
Titel der Quelle:
OECD journal: financial market trends
Publ. der Quelle:
Paris : OECD, 2008
Angaben zur Quelle:
Vol. 2008, no. 2, p. 1-39
Keywords:
Finance and Investment
Abstract:
Government provision of a financial safety net for banks and other financialinstitutions has been a key element of the policy response to the current financialcrisis. In the process, the design of many safety net elements, such as depositinsurance, has been redrawn in many jurisdictions. In particular, governmentsextended existing guarantees and introduced new ones. While these measures didnot address the root causes of the lack of confidence, they were neverthelesshelpful in avoiding a further accelerated loss of confidence, thus buying valuabletime.
DOI:
10.1787/fmt-v2008-art12-en
