Policy insights

Policy Insights

Policy Insight 24: Can Central Banks Go Broke?

In CEPR Policy Insight 24, Willem Buiter asks: Does it matter if a central bank suffers a large capital loss? Can the central bank become insolvent? How and by whom should the central bank be recapitalised, should its capital be deemed insufficient?

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Citation

Buiter, W (2008), Policy Insight 24: Can Central Banks Go Broke?, CEPR Policy Insight No 24, CEPR Press, Paris & London. https://cepr.org/publications/policy-insight-24-can-central-banks-go-broke