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In 1996/1997 Bulgaria was hit by a severe financial crisis, spreading from a banking crisis to a currency crisis … also show how Bulgaria managed to overcome the crisis by introducing a second generation currency board allowing the …
Persistent link: https://www.econbiz.de/10010506634
In 1996/1997 Bulgaria was hit by a severe financial crisis, spreading from a banking crisis to a currency crisis … also show how Bulgaria managed to overcome the crisis by introducing a second generation currency board allowing the …
Persistent link: https://www.econbiz.de/10010305440
In 1996/1997 Bulgaria was hit by a severe financial crisis, spreading from a banking crisis to a currency crisis. While … hazard models of currency crises than the Asian Crisis. We also show how Bulgaria managed to overcome the crisis by …
Persistent link: https://www.econbiz.de/10005652687
In 1996/1997 Bulgaria was hit by a severe financial crisis, spreading from a banking crisis to a currency crisis. While … hazard models of currency crises than the Asian Crisis. We also show how Bulgaria managed to overcome the crisis by …
Persistent link: https://www.econbiz.de/10014115787
Persistent link: https://www.econbiz.de/10001751552
In the summer of 1931, the Austro-German banking crisis spread to Romania and Bulgaria. In the Romanian case, the … the relevant attitude to adopt, in particular to avoid or not the Marmorosch Blank Bank bankruptcy. In Bulgaria, the … Bulgaria, Credit Bank, was rescued. Archive documents, reports of participants and comments from contemporaries, all emphasize …
Persistent link: https://www.econbiz.de/10013447673
This paper provides an introduction to the special issue on international lending of last resort. Starting from debates about rescue operations and unconventional policies of major central banks in the contexts of the Global Financial Crisis and the European Debt Crisis, it draws attention to...
Persistent link: https://www.econbiz.de/10013447582
Persistent link: https://www.econbiz.de/10011944433
Among the countries currently considering issuing a central bank digital currency (CBDC), including nearly all of G20, there is a strong preference for a retail CBDC made available to the general public through private intermediaries. This Policy Brief sheds light on the technical complexities...
Persistent link: https://www.econbiz.de/10014348596
This article reviews the first English edition of Prof. Jesús Huerta de Soto´s book `Dinero, Crédito Bancario y Ciclos Económicos´ which first appeared in Spain in 1998.
Persistent link: https://www.econbiz.de/10005789323