The Eastern Caribbean Central Bank : Challenges to an Effective Lender of Last Resort /

The paper analyzes the challenges for the Eastern Caribbean Central Bank (ECCB) to be an effective lender of last resort (LOLR) as part of a modern banking crisis resolution framework. The main results from the theoretical model of the ECCB's institutional arrangement are that the majority of c...

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Bibliographic Details
Main Author:	Druck, Pablo
Corporate Author:	International Monetary Fund
Other Authors:	Dehesa, M. (Mario)
Format:	Electronic eBook
Language:	English
Published:	Washington, D.C. : International Monetary Fund, 2008. ©2008
Series:	IMF Working Papers ; Working Paper no. 08/214.
Subjects:	Eastern Caribbean Central Bank. Lenders of last resort > Caribbean Area > Econometric models. Banks and banking > Caribbean Area > Econometric models. Financial crises > Caribbean Area > Econometric models.
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