TOO BIG TO FAIL: UK FINANCIAL SERVICES REFORM IN HISTORY AND POLICY

被引:1
作者
Michie, Ranald [1 ]
机构
[1] Univ Durham, Econ Hist, Durham, England
关键词
lender of last resort; savings banks; deposit insurance; industry concentration;
D O I
10.1111/j.1468-0270.2012.02168.x
中图分类号
F [经济];
学科分类号
02 ;
摘要
Previous banking crises have been used as opportunities for new and beneficial developments in regulation and in the market itself. The global financial crisis should be seen as such an occasion. There is a need to refine the role of the central bank as lender of last resort and also to reform deposit insurance so that it only applies to a limited range of bank accounts
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页码:11 / 16
页数:6
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