Enemy of none but a common friend of all? : an international perspective on the lender-of-last-resort function /

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Bibliographic Details
Author / Creator:Giannini, Curzio.
Imprint:[Washington, D.C.] : International Monetary Fund, Monetary and Exchange Affairs Department, ©1999.
Description:1 online resource (58 pages) : illustrations
Language:English
Series:IMF working paper, 2227-8885 ; WP/99/10
IMF working paper ; WP/99/10.
Subject:
Format: E-Resource Book
URL for this record:http://pi.lib.uchicago.edu/1001/cat/bib/12497911
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Other authors / contributors:International Monetary Fund. Monetary and Exchange Affairs Department.
ISBN:1451890834
9781451890839
1281092835
9781281092830
9781451842678
1451842678
1462373305
9781462373307
1452750300
9781452750309
9786613775887
6613775886
Notes:Includes bibliographical references (pages 53-58).
Restrictions unspecified
Electronic reproduction. [Place of publication not identified] : HathiTrust Digital Library, 2010.
Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002. http://purl.oclc.org/DLF/benchrepro0212
English.
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Print version record.
Summary:Central Banks suffer from the limitation ... that they are national central banks. Only in a national economy that is largely self-contained, can a central bank be a true central bank; with the development of world markets, and (especially) of world financial markets, national central banks take a step down, becoming single banks in a world-wide system, not at the "centre" any longer. Thus, the problem that was (partially) solved by the institution of national central banks has reappeared, and is still unresolved (though we are trying to solve it) on the world level.2
Other form:Print version: Giannini, Curzio. Enemy of none but a common friend of all? [Washington, D.C.] : International Monetary Fund, Monetary and Exchange Affairs Department, ©1999
Standard no.:10.5089/9781451890839.001