BankBailout.pdf (122.24 kB)
Bank bailout mark II: will it work?
preprintposted on 2009-05-13, 10:38 authored by Maximilian Hall
On 19 January 2009, the UK Government unveiled a second comprehensive bank bailout plan. This followed the failure of its October bailout package to stimulate domestic lending, as intended. The various components of the new "rescue package" are duly explained and analysed in this article, which also addresses the likely future course of policy should the Government fail in its latest ambitions to stimulate lending and thereby revive the flagging economy.
- Business and Economics
Publisher© Loughborough University
- VoR (Version of Record)
NotesThis working paper is also available at: http://ideas.repec.org/p/lbo/lbowps/2009_01.html
Book seriesLoughborough University. Department of Economics. Discussion Paper Series;WP 2009-01