<p>This paper reviews empirical and theoretical work on the links between banks and their governments (the bank-sovereign nexus). How significant is this nexus? What do we know about it? To what extent is it a source of concern? What is the role of policy intervention? The paper concludes with a review of recent policy proposals.</p>

Managing the Sovereign-Bank Nexus (Departmental Papers / Policy Papers)

Business & Money

Laeven, Luc

Dell'Ariccia, Giovanni

Ferreira, Caio

Jenkinson, Nigel

Martín, Alberto

Minoiu, Camelia

Popov, Alex

Economics

International Monetary Fund IMF

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