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The Role of the State in a Crisis

Phillip Swagel

Chapter 15 in The International Financial Crisis:Have the Rules of Finance Changed?, 2011, pp 213-225 from World Scientific Publishing Co. Pte. Ltd.

Abstract: AbstractThe following sections are included:IntroductionThe “Playbook” for Dealing with a Financial CrisisThe Plays Run During This Financial CrisisStabilize the financial systemWinnow insolvent banksEnsure viabilityProvide policy certaintyProvide clarity on balance sheetsAlternative Steps to Those Taken in Fall 2008Conclusion: What Could Have Been Done That Was Not Attempted?References

Keywords: Financial Crisis; Financial Regulation; International Banking; Financial Regulatory Reform (search for similar items in EconPapers)
Date: 2011
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