Explore the concept of financial stability and understand the crucial role of a central bank as the Lender of Last Resort (LOLR) in maintaining it. Learn how emergency liquidity provision helps prevent crises and supports economic growth.
Explore the concept of financial stability and understand the crucial role of a central bank as the Lender of Last Resort (LOLR) in maintaining it. Learn how emergency liquidity provision helps prevent crises and supports economic growth.