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Title: Resolving Ireland’s banking crisis
Author: Honohan, Patrick
Keywords: Banking system
Financial crisis
Issue Date: 2009
Publisher: Economic & Social Research Institute
Citation: Honohan, Patrick. 'Resolving Ireland’s banking crisis'. - Economic & Social Review, Vol. 40, no. 2, Summer, 2009, pp. 207–231, Dublin: Economic & Social Research Institute
Abstract: The Irish banking system has been, in effect, on a life-support system since September 2008. Complacency resulted in the banks fuelling the late stage of an obvious construction bubble with massive foreign borrowing, leaving them exposed to solvency and liquidity risks which in past times would have been inconceivable. The Government’s steps to put the system back on a sound basis must have regard both to protecting taxpayers’ interests and to ensuring that credit flows to the economy are not hampered by inadequate capital or liquidity.
Description: Policy paper
ISSN: 00129984
Appears in Collections:The Economic and Social Review, Vol. 40, No. 2, Summer, 2009
Economic and Social Review Archive: Complete Collection 1969-

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