Financial Crises, Contagion, and the Lender of Last Resort

by Charles A.E. Goodhart (Editor), Gerhard Illing (Editor)

Financial crises have become more frequent over the last two decades than they were previously. This book illuminates the fierce debate over how the monetary authorities should handle these crises by bringing together a selection of the best writings on the subject and by reflecting all viewpoints.

568 pages, Paperback

First published January 1, 2002

About the author

Prof. Charles Albert Eric Goodhart, Ph.D. (Harvard University, 1963; B.A., Cambridge University, 1960, CBE, FBA is the Norman Sosnow Professor of Banking and Finance at the London School of Economics. Before joining the London School of Economics in 1985, he worked at the Bank of England for seventeen years as a monetary adviser, becoming a Chief Adviser in 1980.

During 1986, Prof. Goodhart helped to found, with Prof. Mervyn King, the Financial Markets Group at London School of Economics, which began its operation at the start of 1987. In 1997, he was appointed one of the outside independent members of the Bank of England’s new Monetary Policy Committee until May 2000.

Taken from here.