Banking crises and the international monetary system in the Great Depression and now

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Banking crises and the international monetary system in the Great Depression and now

Published in: Financial History Review, vol 18, no 1, 2011, pp 1-20.BIS Working Papers | No 333 | 03 December 2010by Richhild Moessner and William A AllenPDF full text (284kb) | 40 pagesAbstract:We compare the banking crises in 2008-09 and in the Great Depression, and analyse differences in the policy response to the two crises in light of the prevailing international monetary systems.

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