Alre all the sacred cows dead?  

Oleh:

Serven, Luis ; Demirguc-Kunt, Asli

Jenis: Article from Journal - ilmiah internasional
Dalam koleksi: World Bank Research Digest vol. 3 no. 02 (2009), page 05.
Topik: Financial Crisis; Developing Countries; Financial and Macroeconomic Policy

Ketersediaan

Perpustakaan PKPM Nomor Panggil: W81 Non-tandon: 1 (dapat dipinjam: 0) Tandon: tidak ada

Lihat Detail Induk

Isi artikel

Policy responses to the financial crisis have shaken the confidence of the development community in the financial and macroeconoic policies underpinning Western capitalist systems. The current financial crisis has shaken the confidence of developing countries alike in the very blueprint of financial and macroeconomic policies that underlie the Western capitalist systems. In an effort to contain the crisis, U.S. authorities and many European governments have taken unprecedented steps of providing extensive liquidity, giving assurances to bank depositors and creditors that inclde blanket guarantees, and structuring bailout programs that include taking large ownership stakes in financial institutions.

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