Publication
18 Oct 2012
Despite their surprising similarities – in their geographical size and the boom-bust arc of their housing sectors – Ireland and the American state of Nevada sharply parted company when it came to who bore responsibility for bailing out their failed banks. This commentary highlights the differences between them and thus illustrates the desired shock-absorbing capacity of an integrated banking system and even union.
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English (PDF, 3 pages, 451 KB) |
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Author | Daniel Gros |
Series | CEPS Commentaries |
Publisher | Centre for European Policy Studies (CEPS) |
Copyright | © 2012 Centre for European Policy Studies (CEPS) |