Working Paper


Karl Whelan



banks and banking ireland anglo irish bank corporation emergency liquidity assistance ireland appropriations and expenditures european central bank banking crises anglo irish bank global financial crisis 2008 2009

ELA, promissory notes and all that : the fiscal costs of Anglo Irish Bank (2012)

Abstract This is a briefing paper the author distributed to the Irish parliamentary committee responsible for finance and public expenditure. It describes the balance sheet of Irish Bank Resolution Corporation, the organisation that was formed by combining Anglo Irish Bank and Irish Nationwide Buildings Society. The nature of the long-run cost to the Irish state of taking over the liabilities of these institutions is outlined and suggestions are made for reducing these costs.
Collections Ireland -> University College Dublin -> Economics Working Papers & Policy Papers
Ireland -> University College Dublin -> School of Economics
Ireland -> University College Dublin -> College of Social Sciences and Law

Full list of authors on original publication

Karl Whelan

Experts in our system

Karl Whelan
University College Dublin
Total Publications: 70