William A. Allen

International Liquidity and the Financial Crisis

Buch

In the ongoing financial crisis, policy makers have for the most part appeared to be reactive, formulating emergency solutions as events unfold. However, in contrast to their performance during the Great Depression, central banks around the world, led by the Federal Reserve, acted decisively following the collapse of Lehman Brothers and provided huge injections of liquidity into the financial markets, thereby preventing a far worse outcome. International Liquidity and the Financial Crisis compares the 2008 crisis with the disaster of 1931 and explores the similarities and differences. It considers the lasting effects of the crisis on internat… Mehr

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Produktdetails

ISBN: 978-1-107-42032-8
EAN: 9781107420328
Produktnummer: 15946559
Verlag: Cambridge University Press
Sprache: Englisch
Erscheinungsjahr: 2014
Seitenangabe: 270 S.
Masse: H22.9 cm x B15.2 cm x D1.4 cm 396 g
Abbildungen: Paperback
Gewicht: 396

Über den Autor

William A. Allen worked in the Bank of England from 1972 to 2004, where he was Head of the Money Market Operations Division, Head of the Foreign Exchange Division and Director for Europe. Since 2004 he has been an honorary senior visiting fellow of Cass Business School in London and has published widely on central banking and international finance. He is a specialist adviser to the House of Commons Treasury Committee and a consultant to the International Monetary Fund.