Blog Post
Lessons from a momentous British week
Jean Pisani-Ferry discusses the British banking crisis. He identifies three lessons that need to be drawn, of which one is that bank runs can still take place, despite extensive bank supervision, deposit insurance and the readiness of central banks to act as lenders of last resort. Click here to download this comment.
Jean Pisani-Ferry discusses the British banking crisis. He identifies three lessons that need to be drawn, of which one is that bank runs can still take place, despite extensive bank supervision, deposit insurance and the readiness of central banks to act as lenders of last resort.
Click here to download this comment.
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