Government Actions and Interventions

Taylor, John B.

World Bank

关键词: bank liquidity;    bankruptcy;    central bank;    central banks;    federal reserve;   

DOI  :  10.1596/1020-797X_11_3_50
RP-ID  :  3

学科分类：社会科学、人文和艺术（综合）

来源: World Bank Open Knowledge Repository

【 摘 要 】

There is empirical evidence that government actions and interventions prolonged and worsened the financial crisis, because they were based on faulty diagnosis of the problem and did not follow clear predictable principles.