The vulnerability of the international financial system: international lending and liquidity risk
DOI:
https://doi.org/10.13133/2037-3643/10710Keywords:
1973 oil crisis, international banking, financial system, liquidity riskAbstract
Since the first oil crisis in 1973, international banking has become a dominant feature of the international financial system. Both economic and technical reasons underly this evolution. The article analyses the main risks for the stability of the international monetary and financial system, produced by the rise of international banking. In particular, the causes and consequences of international lending liquidity risks are analysed and the guidelines for a safety net of the system are proposed.
JEL: F34
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Published
2013-10-10
How to Cite
OSSOLA, R. (2013). The vulnerability of the international financial system: international lending and liquidity risk. PSL Quarterly Review, 33(134). https://doi.org/10.13133/2037-3643/10710
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Section
Editorial
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