Managing the Sovereign-Bank Nexus
By Giovanni Dell'Ariccia, Caio Ferreira & Nigel Jenkinson
- Release Date: 2018-09-07
- Genre: Public Administration
Description
This paper reviews empirical and theoretical work on the links between banks and their governments (the bank-sovereign nexus). How significant is this nexus? What do we know about it? To what extent is it a source of concern? What is the role of policy intervention? The paper concludes with a review of recent policy proposals.