'The Role of the European Central Bank in the Financial Crisis' - Dr Dan Wilsher: CELS Seminar
Duration: 44 mins 10 secs
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| Description: |
Dr Dan Wilsher gave a lunchtime seminar entitled "The Role of the European Central Bank in the Financial Crisis" on Wednesday 30th January 2013 at the Faculty of Law as a guest of CELS (the Centre for European Legal Studies).
For more information see the CELS website at http://www.cels.law.cam.ac.uk/ |
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| Created: | 2013-01-30 14:25 |
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| Collection: | Cambridge Centre for European Legal Studies (CELS) Seminar Series MOVED |
| Publisher: | University of Cambridge |
| Copyright: | Mr D.J. Bates |
| Language: | eng (English) |
| Keywords: | European Law; EU; Europe; ECB; European Central Bank; Financial Crisis; Credit crunch; Banking; Finance; |
| Abstract: | The ECB was originally constructed as a narrow bank with a remit to secure price stability. During the crisis, this remit has expanded enormously in practice without any legal change being made to the Treaty. Most recently, the ECB said that it would be a lender of last resort to governments. This talk examines the legal, political and economic factors behind the transformation of the ECB. |
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