Bastidon, Cécile; Gilles, Philippe; Huchet, Nicolas - In: Emerging Markets Review 9 (2008) 2, pp. 144-152
In the event of a third generation crisis, international lending of last resort should be used if and only if the international lender of last resort (ILOLR) is informed on the subject of domestic financial and banking markets. Therefore, it will act at a macroeconomic level, as an usual ILOLR,...