Open Access. Powered by Scholars. Published by Universities.®
Public Affairs, Public Policy and Public Administration Commons™
Open Access. Powered by Scholars. Published by Universities.®
- Institution
-
- University of Colorado Law School (1157)
- US Army War College (516)
- University of Denver (441)
- University of Massachusetts Boston (339)
- Georgetown University Law Center (287)
-
- Embry-Riddle Aeronautical University (186)
- William & Mary Law School (154)
- Brigham Young University - Hawaii (145)
- Yale University (141)
- Penn State Dickinson Law (134)
- University of Southern Maine (126)
- Georgia State University College of Law (122)
- University of South Florida (120)
- Duke Law (115)
- University of Arkansas, Fayetteville (104)
- Maurer School of Law: Indiana University (100)
- Walden University (95)
- University of Nevada, Las Vegas (93)
- University of Nebraska - Lincoln (87)
- SIT Graduate Institute/SIT Study Abroad (85)
- Universitas Indonesia (85)
- Cleveland State University (80)
- City University of New York (CUNY) (78)
- Virginia Commonwealth University (75)
- World Maritime University (71)
- Himmelfarb Health Sciences Library, The George Washington University (62)
- University of New Hampshire (62)
- University of Michigan Law School (58)
- Utah State University (55)
- Purdue University (54)
- Keyword
-
- United States (429)
- Human rights (425)
- Colorado (249)
- California (161)
- Climate change (142)
-
- West (136)
- Law (134)
- China (118)
- Education (115)
- Endangered Species Act (110)
- New Mexico (109)
- Wyoming (108)
- Arizona (105)
- BLM (103)
- Public lands (103)
- Utah (97)
- Water quality (96)
- Maine (95)
- Nevada (95)
- Water (95)
- Civil Rights (90)
- Recreation (89)
- CRTP (88)
- Civil Rights Team Project (88)
- Policy (88)
- Russia (86)
- History (84)
- Massachusetts (82)
- Water law (82)
- Conservation (79)
- Publication Year
- Publication
-
- The US Army War College Quarterly: Parameters (508)
- Human Rights & Human Welfare (434)
- Faculty Scholarship (152)
- Pacific Studies (145)
- Journal of Financial Crises (140)
-
- Georgetown Law Faculty Publications and Other Works (136)
- Penn State Journal of Law & International Affairs (2012 - Present) (122)
- Journal of Strategic Security (108)
- Journal of Comparative Urban Law and Policy (105)
- Torch: The Civil Rights Team Project Newsletter (96)
- William & Mary Environmental Law and Policy Review (95)
- International Bulletin of Political Psychology (94)
- Walden Dissertations and Doctoral Studies (92)
- Independent Study Project (ISP) Collection (76)
- Annual ADFSL Conference on Digital Forensics, Security and Law (74)
- New England Journal of Public Policy (72)
- Mighty Pen Project Anthology & Archive (69)
- Global: Jurnal Politik Internasional (63)
- Books, Reports, and Studies (62)
- Policy Briefs (60)
- World Maritime University Dissertations (54)
- Resource Law Notes: The Newsletter of the Natural Resources Law Center (1984-2002) (53)
- Articles by Maurer Faculty (52)
- Developmental Disabilities Network Journal (51)
- Memos and Fact Sheets (50)
- Briefings, Hearings, and Congressional Study Group (45)
- Faculty Articles (44)
- International Journal of Nuclear Security (44)
- The Journal of Social Encounters (43)
- Al-Balqa Journal for Research and Studies البلقاء للبحوث والدراسات (38)
- Publication Type
Articles 301 - 330 of 7094
Full-Text Articles in Public Affairs, Public Policy and Public Administration
Bridging The Justice Gap: Low-Income Taxpayer Clinic At North Mississippi Rural Legal Services, Emma-Kathryn Bond
Bridging The Justice Gap: Low-Income Taxpayer Clinic At North Mississippi Rural Legal Services, Emma-Kathryn Bond
Honors Theses
Over the course of two years, I spent more than 130 hours completing on-the- ground volunteer work with the Low-Income Taxpayer Clinic (LITC), a clinic within North Mississippi Rural Legal Services that provides free legal assistance to individuals navigating disputes with the IRS. While the Sixth Amendment guarantees legal representation in criminal cases, no such guarantee exists for civil matters such as tax disputes, housing instability, or loss of public benefits. Clinics like LITC fill a crucial gap by offering support in areas that are often overlooked, such as tax law, where clients risk audits, wage garnishments, and court proceedings …
Recent U.S. Government Policy Literature On Critical And Strategic Minerals, Bert Chapman
Recent U.S. Government Policy Literature On Critical And Strategic Minerals, Bert Chapman
Libraries Faculty and Staff Scholarship and Research
Critical and strategic minerals have become increasingly important in U.S. government civilian and military policymaking in recent years. This is demonstrated by the heavy use of such minerals in many critical civilian and military infrastructures. This work will discuss how this subject has been addressed in laws, presidential documents, and works by government agencies along with congressional oversight committees and support agencies. It will stress how the United States is heavily dependent on strategic minerals from adversarial foreign countries such as China and will examine U.S. efforts to increase its ability to produce such materials in the United States by …
Recognizing Injustice, Reclaiming Voices: Establishing A Missing Persons Database For Missing And Murdered Indigenous Women And Children In Nebraska, Bayly W. Watson
Recognizing Injustice, Reclaiming Voices: Establishing A Missing Persons Database For Missing And Murdered Indigenous Women And Children In Nebraska, Bayly W. Watson
Department of Anthropology: Theses and Student Research
Indigenous people have been the victims of harsh persecution since the time of colonization; this has negatively impacted Native communities and has contributed significantly to the ongoing crisis of Missing and Murdered Indigenous Women and Children (MMIWC) across the United States and Canada. Under Legislative Bill 154, Richards et al. (2021) conducted an initial study to identify missing Native cases in Nebraska and in 2023, the Attorney General appointed a Missing and Murdered Indigenous People (MMIP) Liaison to help combat the number of missing Indigenous in the state. This thesis contributes to previous research by analyzing 20,049 reports from three …
The Affordable Care Act: Analyzing Rates Of Healthcare Claim Denial, Lauren Sitter
The Affordable Care Act: Analyzing Rates Of Healthcare Claim Denial, Lauren Sitter
Political Science Theses and Capstones
The United States healthcare industry is an integral aspect of every American’s life. The Affordable Care Act (ACA) in 2010 reformed the healthcare system by expanding coverage to millions of Americans and eliminating claim denials due to pre-existing conditions. It requires participating states to submit transparency data. Despite these reforms, coverage denials continue and vary by plan category, metal level, and among different states. I analyze data from The Kaiser Family Foundation (2023) and The CommonWealth Fund to test the correlation between claim denial and a variety of variables, including state political culture, plan type, metal level, and out-of-pocket costs. …
Contracted Wars, Compromised Oversight: Private Military Companies In Iraq, Afghanistan, And The Decline Of U.S. Accountability Standards, Brianna N. Buzzell
Contracted Wars, Compromised Oversight: Private Military Companies In Iraq, Afghanistan, And The Decline Of U.S. Accountability Standards, Brianna N. Buzzell
International Studies (MA) Theses
The Global War on Terror, beginning in 2001, started U.S. military operations in Iraq and Afghanistan, facilitating the expansion of Private Military Contractors (PMCs) through a combination of operational necessity, strategic policy decisions, and systemic oversight failures. Despite their growing role, PMCs operate in legal and oversight grey zones. Despite a growing body of work on PMC accountability, there remains little agreement on how U.S. military interventions created conditions for their proliferation. This paper examines how U.S. military operations in Iraq and Afghanistan facilitated the expansion of PMC influence, resulting in reduced oversight and accountability for both the U.S. government …
Parent-Child Contact In Family-Focused Programs For Incarcerated Individuals, Carol Marie Nettie Mcdonald
Parent-Child Contact In Family-Focused Programs For Incarcerated Individuals, Carol Marie Nettie Mcdonald
Electronic Theses, Projects, and Dissertations
The following research study will evaluate family-focused programs offered to incarcerated individuals and determine if these programs are hindered when there is little to no contact between parents and children during incarceration. Family-focused programs include parent/child bonding, and/or parenting classes and other similar programs. The research method that will be used in this study is a qualitative design and will gather data through interviews of formerly incarcerated individuals as well as former children (now adults) who have been involved in family programming. The study will also gather data from licensed clinical staff who have been involved in related programming while …
Canadian Security Intelligence Service (Csis), Bert Chapman
Canadian Security Intelligence Service (Csis), Bert Chapman
Libraries Faculty and Staff Presentations
April 24, 2025 presentation for Canada's GovInfo Day Spring 2025 hosted by Simon Fraser University in British Columbia and Internet Archive Canada. Provides information about the publicly available information resources produced by the Canadian Security Intelligence Service (CSIS) which is the Canadian Government's foremost national intelligence agency. Provides information about this agency's statutory organization, types of publicly available reports they produce, information about other Canadian government intelligence agencies, and parliamentary oversight of Canadian government intelligence operations. Lists additional resources for finding information about CSIS and explains the benefits of having access to these resources for users.
The Right To Gender-Affirming Care, Justin J. Soulas
The Right To Gender-Affirming Care, Justin J. Soulas
Theses and Dissertations
As of recent, twenty-four states have enacted bans on gender-affirming care, restricting minors from accessing medically necessary treatment. Existing scholarship has begun to explore the profound impact of these bans on transgender youth, their parents or guardians, and the medical professionals who support them. However, the body of literature on this rapidly evolving issue remains limited. This thesis aims to fill that gap by offering a legal defense of gender-affirming care, grounded in judicial precedent. It argues that parental rights to make medical decisions for their children—recognized in constitutional jurisprudence—extend to decisions involving gender-affirming treatment. Additionally, it draws on anti-discrimination …
Thompson’S Rifle Battalion: The Original Unit Of The Army Of The United Colonies (Now The United States Regular Army), John A. Bonin
Thompson’S Rifle Battalion: The Original Unit Of The Army Of The United Colonies (Now The United States Regular Army), John A. Bonin
Books, Monographs & Collaborative Studies
©2025 John A. Bonin
Although 1775 is indisputably the birth year of the US Army, two events occurred on June 14 of that year to which the Army can credit its birthday. One is the adoption by the Continental Congress of the collective militia forces from several colonies outside Boston to form a Continental Army, of which Congress appointed George Washington the commander in chief on June 15, 1775. In addition, the US Regular Army officially dates its beginning to June 14, 1775, when the Second Continental Congress directed 10 companies of expert riflemen to be raised immediately in Pennsylvania, …
Psychological Treatment Behind The Walls:Insights From The Inside, Rogelio Serrano
Psychological Treatment Behind The Walls:Insights From The Inside, Rogelio Serrano
Psychology Division Scholarship
Repeated eras of mass incarceration, criminalization of marginalized communities, and substance use policies have created a revolving door of justice involved populations. The ever-increasing prison population has repeatedly become the largest contingency of mental health clientele for an overburdened mental health system. Those who work with formerly incarcerated individuals in the community often don’t know the unique set of challenges faced by practitioners within the system. Increased understanding and coordination of care can offer opportunities for sustained recovery and reduced levels of recidivism. In this presentation participants will learn about the unique insights on mental health treatment that can be …
Lessons Learned: Fabrizio López-Gallo, Mercedes Cardona
Lessons Learned: Fabrizio López-Gallo, Mercedes Cardona
Journal of Financial Crises
Fabrizio López-Gallo served as the Bank of Mexico’s director general of financial stability during the COVID-19 pandemic, having been financial sector specialist and risk analysis and special projects manager for the central bank during the 2007–09 Global Financial Crisis (GFC). The Mexican government declared a health emergency at the outbreak of the pandemic and implemented a general economic shutdown. The Bank of Mexico intervened by cutting rates and initiating extraordinary measures, such as adding bond swaps and loosening rules for minimum deposits at commercial banks to provide liquidity. It gave flexibility to commercial banks to grant forbearance on mortgage payments …
Lessons Learned: Cecilia Skingsley, Maryann Haggerty
Lessons Learned: Cecilia Skingsley, Maryann Haggerty
Journal of Financial Crises
During the Swedish banking crisis of the early 1990s, Cecilia Skingsley was the press secretary for the Ministry of Finance. She held various roles, including chief economist, at Swedbank, one of Sweden’s largest banks, from 2007 to 2013, a period that included the Global Financial Crisis (GFC) and European Sovereign Debt Crisis. Swedbank suffered heavy losses amid the GFC and relied on a government guarantee program for support. In 2013, she became a deputy governor of Sveriges Riksbank, Sweden’s central bank; in 2019, she became first deputy governor. Skingsley left the Riksbank in September 2022 to become head of the …
Lessons Learned: Philip Lane, Mary Anne Chute Lynch, Rosalind Z. Wiggins
Lessons Learned: Philip Lane, Mary Anne Chute Lynch, Rosalind Z. Wiggins
Journal of Financial Crises
Philip Lane served as governor of the Central Bank of Ireland from 2015 to 2019. He introduced countercyclical capital and systemic buffer tools and initiated research into the role and risks of cross-border inflows across Ireland. As a member of the Governing Council of the European Central Bank (ECB) since 2015, Lane has advocated for the European Union to adopt macroprudential policies and tools. He hailed the work of the European Systemic Risk Board and similar institutions established after the Global Financial Crisis (GFC) and the European Sovereign Debt Crisis to share data, information concerning risks, and concerns over financial …
Lessons Learned: J. Christopher Flowers, Mary Anne Chute Lynch
Lessons Learned: J. Christopher Flowers, Mary Anne Chute Lynch
Journal of Financial Crises
J. Christopher Flowers has been managing director, CEO, and chairman of the private investment firm J.C. Flowers & Co. LLC for many years. During the Global Financial Crisis (GFC) of 2007–2009, Flowers was involved with investing in some of the largest banks and financial institutions in the world and advising and consulting with them on possible acquisitions, mergers, and sales as several of these firms began to collapse. In the fall of 2008, Flowers worked closely with the Bank of America (BofA) on proposals to acquire Lehman Brothers and Merrill Lynch, and he developed a plan for private investors to …
Lessons Learned: Giorgio Gobbi, Mercedes Cardona
Lessons Learned: Giorgio Gobbi, Mercedes Cardona
Journal of Financial Crises
Giorgio Gobbi joined the Economic Research Department of the Bank of Italy in 1990 and was assigned to carry out analysis and research on the banking industry. From 1998 to 2004, he headed the department’s Financial Intermediaries Office and represented the bank at the International Monetary Fund, the Bank of International Settlements, and the European Central Bank. Starting in 2007, Gobbi headed the Financial Structure and Intermediaries Division within the bank’s Structural Economic Analysis Department. He was appointed deputy head of the Financial Stability Unit in 2013 and became head of the Financial Stability Directorate in 2014.
Eliminating Discount Window Stigma: What Can We Learn From Abroad?, Susan Mclaughlin
Eliminating Discount Window Stigma: What Can We Learn From Abroad?, Susan Mclaughlin
Journal of Financial Crises
This article picks up from an earlier Journal of Financial Crisis policy note on discount window design to see how the experiences of other central banks can inform work to redesign the discount window to reduce stigma. As explained in that article, banks’ reluctance to use the discount window is problematic for financial stability as it constrains the Fed’s ability to use its liquidity provision tools to stem runs and mitigate contagion in times of stress. The stigma associated with discount window borrowing in the United States is well documented and is a multifaceted phenomenon.
Lessons Learned: Jesper Berg, Maryann Haggerty
Lessons Learned: Jesper Berg, Maryann Haggerty
Journal of Financial Crises
The career of Jesper Berg, a Danish economist, has spanned multiple financial crises. He held positions with the Danish central bank, Danmarks Nationalbank, from 2004 to 2010, first as head of market operations and later as head of financial stability. He had served as head of the capital markets and financial structure division at the European Central Bank from 2000 to 2004, and earlier he was an economist at the International Monetary Fund’s Exchange and Trade Relations Department. This Lessons Learned summary is based on an interview with Berg in December 2022, when he was director general of the Danish …
Liquidity Facilities Provided To Banks During The Dominican Republic Financial Crisis Of 2003, Marco Porfirio Martínez
Liquidity Facilities Provided To Banks During The Dominican Republic Financial Crisis Of 2003, Marco Porfirio Martínez
Journal of Financial Crises
As part of an agreement with the International Monetary Fund (IMF), the Central Bank of the Dominican Republic (CBDR) released a comprehensive document providing an overview of the origins and handling of the 2003 financial crisis. This Archive Note builds on the highlights of that document by discussing primary factors that led to problems within Banco Intercontinental (Baninter), the bank that triggered the crisis; detailing measures the CBDR implemented to mitigate the situation; and addressing the consequences for two other major banks, Banco Mercantil and Bancrédito.
United States: Lehman Brothers Broker-Dealer Emergency Liquidity Program, 2008, Ayodeji George, Steven Kelly
United States: Lehman Brothers Broker-Dealer Emergency Liquidity Program, 2008, Ayodeji George, Steven Kelly
Journal of Financial Crises
On Sunday, September 14, 2008, a deal to sell the United States investment bank Lehman Brothers Holdings Inc. (LBHI) to United Kingdom–based Barclays fell apart. US authorities informed LBHI that, given the lack of rescue funds, it would need to file for bankruptcy before Monday morning to avoid additional chaos for the firm and markets. However, authorities understood Barclays was still interested in buying Lehman’s broker-dealer subsidiary, Lehman Brothers Inc. (LBI). Federal Reserve and Treasury officials were concerned about the impact that the sudden failure of LBI could have on financial markets. LBI had $87 billion in secured overnight repurchase …
United States: First Republic Bank Emergency Liquidity Program, 2023, Salil Gupta, Jack French, Steven Kelly
United States: First Republic Bank Emergency Liquidity Program, 2023, Salil Gupta, Jack French, Steven Kelly
Journal of Financial Crises
First Republic Bank, a California-based institution with $212.6 billion in assets, lost $25 billion in deposits on Friday, March 10, 2023, following the closing of Silicon Valley Bank that morning. On Sunday, March 12, First Republic announced that it had access to $70 billion in unused liquidity owing to its borrowing capacity at the Federal Reserve, the Federal Home Loan Bank System, and JPMorgan Chase (JPMC). But First Republic’s depositors withdrew a further $40 billion of deposits on Monday, March 13. First Republic’s borrowings from the Federal Reserve rose as high as $109 billion between Friday, March 10, and Wednesday, …
United States: Citigroup Emergency Liquidity Program, 2008, Vincient Arnold
United States: Citigroup Emergency Liquidity Program, 2008, Vincient Arnold
Journal of Financial Crises
By November 21, 2008, against the backdrop of heavy losses during the Global Financial Crisis, Citigroup counterparties were substantially pulling back from the firm. On November 23, the US Department of the Treasury, Federal Deposit Insurance Corporation (FDIC), and Federal Reserve announced a support package for Citi composed of a capital injection and a loss-sharing arrangement on $300.8 billion of assets. Under the Asset Guarantee Program (AGP), Citi would absorb the first $39.5 billion in losses on a mutually agreed upon pool of risky assets; the Treasury and FDIC provided $15 billion in loss protection after that, combined with Citi’s …
United States: Bear Stearns Emergency Liquidity Assistance, 2008, Vincient Arnold
United States: Bear Stearns Emergency Liquidity Assistance, 2008, Vincient Arnold
Journal of Financial Crises
On Thursday, March 13, 2008, the US investment bank Bear Stearns Companies approached the Federal Reserve Bank of New York (FRBNY), saying it expected many of its repurchase agreement (repo) counterparties would not “roll,” or renew, their repo agreements the next day. As a result, the firm would be obligated to repay many of its repo liabilities. Without an emergency loan, Bear would be forced to file for bankruptcy on Friday morning, March 14. Before the market opened on Friday, the FRBNY made an overnight loan for $12.9 billion through JPMorgan Chase Bank (JPMC) on a nonrecourse basis, which on-lent …
United States: Bank Of America Emergency Liquidity Program, 2009, Vincient Arnold
United States: Bank Of America Emergency Liquidity Program, 2009, Vincient Arnold
Journal of Financial Crises
On December 31, 2008, Bank of America (BofA) finalized its acquisition of Merrill Lynch, absorbing losses of $15.5 billion as a result. Regulators were concerned about BofA’s short-term liquidity position and ability to post more collateral if its credit rating was downgraded. On January 16, 2009, the Federal Reserve, Federal Deposit Insurance Corporation (FDIC), and Department of the Treasury announced an interagency support package to BofA, which included an asset guarantee wherein all three agencies shared losses with BofA on a “ring-fenced” $118 billion pool of assets. Under the ring-fencing arrangement, known as the Asset Guarantee Program (AGP), BofA would …
United Kingdom: Northern Rock Emergency Liquidity Program, 2007, Bailey Decker, Jack French, Eming Shyu
United Kingdom: Northern Rock Emergency Liquidity Program, 2007, Bailey Decker, Jack French, Eming Shyu
Journal of Financial Crises
Northern Rock plc was a bank in the United Kingdom (UK) that experienced rapid growth from 1998 to 2007. The bank was a large issuer of UK residential mortgage-backed securities. Its funding was primarily wholesale as its retail deposit growth had not kept up with its asset growth. By August 2007, Northern Rock’s credit default swap spreads were widening and its share price falling as conditions deteriorated in the markets on which it relied for short-term funding. To meet the bank’s substantial liquidity needs, the Bank of England (BoE) announced on September 14, 2007, that it would extend an emergency …
United Kingdom: Hbos And Rbs Emergency Liquidity Program, 2008, Bailey Decker, Jack French
United Kingdom: Hbos And Rbs Emergency Liquidity Program, 2008, Bailey Decker, Jack French
Journal of Financial Crises
Two United Kingdom–based banks, Halifax Bank of Scotland (HBOS) and Royal Bank of Scotland Group (RBS), faced substantial liquidity needs during fall of 2008. To provide funding until recapitalization, the Bank of England (BoE) extended ad hoc emergency liquidity facilities to HBOS on October 1 and to RBS on October 7, 2008, comprising US dollars (USD) and British pounds sterling (GBP). As collateral for the 2008 assistance, HBOS and RBS posted pools of loans that were ineligible for the BoE’s market-wide operations. Aggregate usage of the two ad hoc facilities peaked at GBP 61.5 billion (USD 106.0 billion) on October …
Switzerland: Credit Suisse Emergency Liquidity Program, 2023, Jack French, Owen Heaphy, Steven Kelly
Switzerland: Credit Suisse Emergency Liquidity Program, 2023, Jack French, Owen Heaphy, Steven Kelly
Journal of Financial Crises
Credit Suisse (CS) faced multiple challenges leading up to March 2023 including a significant outflow of client funds in the fourth quarter of 2022 and reputational loss resulting from a number of scandals in the preceding years. On Wednesday, March 15, 2023, shortly after two high-profile bank failures in the United States, a high-ranking official of the Saudi National Bank, a major shareholder, publicly said it would not provide any more capital for the company. Despite a joint statement from the Swiss National Bank (SNB) and the Swiss Financial Market Supervisory Authority (FINMA) that CS was in compliance with capital …
Sweden: Carnegie Investment Bank Ab Emergency Liquidity Program, 2008, Sophia Alden, Jack French
Sweden: Carnegie Investment Bank Ab Emergency Liquidity Program, 2008, Sophia Alden, Jack French
Journal of Financial Crises
In October 2008, Carnegie Investment Bank AB (Carnegie) had trouble obtaining financing amid concerns about its financial health. However, Sweden’s central bank, the Sveriges Riksbank (Riksbank), and the Swedish Financial Supervisory Authority (FSA) still viewed Carnegie as solvent. Between October 27 and 28, the Riksbank lent Carnegie 2.4 billion Swedish kronor (SEK). As collateral for the loan, Carnegie and its holding company, D. Carnegie & Co. AB (D. Carnegie), provided all shares and subsidiaries in Carnegie as well as all shares in a sister subsidiary under D. Carnegie, Max Matthiessen Holding AB (Max Matthiessen). On November 10, 2008, the FSA …
Spain: Caja De Ahorros Castilla–La Mancha Emergency Liquidity Assistance, 2009, Vincient Arnold, Lakshimi Swaminathan
Spain: Caja De Ahorros Castilla–La Mancha Emergency Liquidity Assistance, 2009, Vincient Arnold, Lakshimi Swaminathan
Journal of Financial Crises
Following years of rapid credit expansion in the real estate sector and reliance on wholesale funding between 2000 and 2008, Caja de Ahorros de Castilla–La Mancha (CCM) found itself on the brink of insolvency in early 2009. Normally, a Eurosystem bank in CCM’s position would turn to the European Central Bank (ECB) to obtain liquidity through its standing financing facilities, but CCM lacked eligible collateral to tap them. Consequently, in February 2009, the Bank of Spain (BoS) provided emergency liquidity assistance (ELA) of EUR 900 million to CCM, secured against CCM assets, to help meet its liquidity needs. In March, …
Russia: Otkritie Emergency Liquidity Program, 2017, Benjamin Hoffner
Russia: Otkritie Emergency Liquidity Program, 2017, Benjamin Hoffner
Journal of Financial Crises
In July and August 2017, Otkritie Bank, Russia’s largest privately owned bank, experienced deposit runs related to concerns over Otkritie’s recent acquisitions, including a large, troubled bank and insurance company. The runs prompted Otkritie to heavily rely on the Central Bank of Russia’s (CBR’s) standing fixed-rate repurchase agreement (repo) facility to meet the outflow. By July, Otkritie had RUB 338.1 billion in outstanding repo loans from the CBR. As depositors continued to withdraw funds in August, the CBR provided Otkritie with an unsecured emergency loan of RUB 330 billion while Otkritie continued to borrow from the repo facility. On August …
Moldova: Consortium Of Banks Emergency Liquidity Program, 2014, Vincient Arnold
Moldova: Consortium Of Banks Emergency Liquidity Program, 2014, Vincient Arnold
Journal of Financial Crises
In the fall of 2014, a bank fraud involving illegal loans and transfers resulted in USD 1 billion being stolen from the government of Moldova, which amounted to more than an eighth of Moldova’s GDP. In September 2014, it became clear to the National Bank of Moldova (NBM) that the banks involved in the fraud—Banca de Economii, Banca Sociala, and Unibank—were deeply insolvent and had been hiding that fact from regulators. In late November, the NBM issued 9.4 billion Moldovan lei (MDL; USD 640 million) in emergency credit to the banks at an interest rate of 10 basis points against …