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Currency, Credit and Crisis

Book • 2019
In 'Currency, Credit and Crisis,' Patrick Honohan provides a detailed analysis of the financial crises, particularly focusing on his experiences during the post-2008 Irish banking crisis.

The book draws on his extensive career in central banking and international financial policy, including his tenure as Governor of the Central Bank of Ireland and his work at the World Bank.

Honohan discusses the regulatory and supervisory shortcomings that contributed to the crisis and the measures implemented to resolve it, offering insights into central bank liquidity provision, bank recapitalization, and debt restructuring.

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