Cea mai recenta carte, Coordinating Monetary And Macroprudential Policies , scrisa de Anamaria Nicolae, aparuta pe LibrariaOnline.ro

During the financial crisis and the widespread government bailouts it entailed, ”too big to fail” became a common term to describe implicit and explicit govern- ment guarantees of firms deemed integral to developed economies only because their failure would threaten economic collapse. The term also referred to the moral hazard of the creditors behind these firms who had the expectation [...]