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Bank competition and government guarantees
| Content Provider | OECD iLibrary |
|---|---|
| Organization | OECD |
| Abstract | Using government guarantees to avoid systemic fallout from the crisis distorted competition between banks and further reinforced the perception that systematically important banks enjoy implicit guarantees. To reduce this perception, policy reforms must include provisions for the orderly failure of financial institutions, whatever their size, level of interconnectivity and complexity. |
| Page Count | 14 |
| Starting Page | 67 |
| Ending Page | 80 |
| Language | English |
| Publisher | OECD Publishing |
| Publisher Date | 2011-10-05 |
| Access Restriction | Open |
| Subject Keyword | Finance and Investment |
| Content Type | Text |
| Resource Type | Chapter |