Financial crisis: Deposit insurance and related financial safety net aspects:

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 particul...

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Bibliographic Details
Main Author: Schich, Sebastian (Author)
Format: Electronic Book Chapter
Language:English
Published: Paris OECD Publishing 2009
Subjects:
Online Access:DE-384
DE-473
DE-824
DE-29
DE-739
DE-355
DE-20
DE-1028
DE-1049
DE-521
DE-861
DE-898
DE-92
DE-91
DE-573
DE-19
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Summary: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
Physical Description:1 Online-Ressource (44 Seiten)
DOI:10.1787/fmt-v2008-art12-en

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