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BANK BAILOUT MARK "II": WILL IT WORK?

Maximilian Hall

Discussion Paper Series from Department of Economics, Loughborough University

Abstract: On 19 January 2009, the UK Government unveiled a second comprehensive bank bailout plan. This followed the failure of its October bailout package to stimulate domestic lending, as intended. The various components of the new "rescue package" are duly explained and analysed in this article, which also addresses the likely future course of policy should the Government fail in its latest ambitions to stimulate lending and thereby revive the flagging economy.

Keywords: UK banks; banking regulation and supervision; central banking; failure resolution. (search for similar items in EconPapers)
JEL-codes: E53 E58 G21 G28 (search for similar items in EconPapers)
Date: 2009-01, Revised 2009-01
New Economics Papers: this item is included in nep-ban, nep-cba, nep-mac and nep-reg
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Citations: View citations in EconPapers (2)

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Persistent link: https://EconPapers.repec.org/RePEc:lbo:lbowps:2009_01

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