 | Central Bank Credit to the Government: What Can We Learn from International Practices? Author/Editor: Luis Ignacio Jácome, Marcela Matamoros-Indorf, Mrinalini Sharma, Simon Baker Townsend. Release Date:January, 2012 Using a central bank legislation database, this paper documents and analyzes worldwide institutional arrangements for central bank lending to the government and identifies international practices. more...
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 | Can Emerging Market Central Banks Bail Out Banks? A Cautionary Tale From Latin America Author/Editor: Luis I. Jacome H., Tahsin Saadi Sedik, Simon Townsend. Release Date:November, 2011 This paper investigates whether developing and emerging market countries can implement monetary policies similar to those used by advanced countries during the recent global crisis - injecting more...
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