The case for central bank liquidity provision as a public-private partnership

Brandon Davies

FMG Special Papers from Financial Markets Group

Abstract: During the past year financial institutions around the world have faced severe liquidity problems as a result of the crisis in the shadow banking sector brought on by the rapid development of structured products plus a potent mixture of high leverage and over the counter (OTC) financial derivatives. This paper explores a number of issues relating to this crisis, but in particular it examines lessons relating to the proper governance and supervision of the UK banking industry. Importantly for every issue I raise I have tried to offer some proposed solution which I believe will at least improve the current situation.

Date: 2008-10
New Economics Papers: this item is included in nep-cba
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.lse.ac.uk/fmg/documents/specialPapers/2008/sp182.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:fmg:fmgsps:sp182

Access Statistics for this paper

More papers in FMG Special Papers from Financial Markets Group
Bibliographic data for series maintained by The FMG Administration ().