Titlebook: Management of Network Organizations; Theoretical Problems Włodzimierz Sroka,Štefan Hittmár Book 2015 Springer International Publishing Swit

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Irena Łącka if there is no lender of last resort? For one thing, for most of the financial crises covered from 1720 to 1988, both national and international, a lender of last resort did swing into action in response to the pressures of the market—though often protesting all the way. The role was not always dis

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Miriam Jankalovaand credit. One can look back at particular manias followed by crashes or panics and see what went wrong. The tulipmania, part of speculative excitement over many objects, was fattened on personal credit.. John Law had his Banque Générale, later the Banque Royale; the South Sea Company, the Sword Bl

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trading partners, because the price of its currency would decline in response to a temporary surge in import payments or a shortfall in export earnings. This decline would transmit deflationary pressure to its trading partners, both when the price of its parity was reduced and when the price of its

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