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From Saviour to Guarantor
- EU Member States' Economic Intervention During the Financial Crisis
part of the Roma Tre Business and Finance Collection series
- Binding:
- Hardback
- Pages:
- 159
- Published:
- August 24, 2015
- Edition:
- 12015
- Dimensions:
- 140x216x16 mm.
- Weight:
- 3256 g.
Delivery:
2-3 weeks
Expected delivery: March 21, 2025
Description of From Saviour to Guarantor
State guarantees commonly function as financial panacea, allowing states to consolidate banking systems and create intergovernmental funds. Rules surrounding state guarantees were relaxed during the 2007-2008 financial crisis, allowing states to use them for financing small and medium-sized enterprises (SMEs) and workers' severance payments.
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