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Reorganising the Banks: Focus on the Liabilities, Not the Assets.

Abstract:
Fixing the banks is an absolute priority in G7 nations. Doing this by buying toxic assets is costly, inefficient, and risky. Governments should focus on which liabilities, rather than which assets, they need to support. This column proposes creating “bridge” banks as a way of re-establishing a healthy banking system.

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Publisher:
Centre for Economic Policy Research
Journal:
VoxEU More from this journal
Publication date:
2009-03-21


Language:
English
UUID:
uuid:d95dd89e-37e8-455e-826b-2512a30b6d19
Local pid:
oai:economics.ouls.ox.ac.uk:14324
Deposit date:
2011-08-16
ARK identifier:

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