Abstract
Souk is an Arab word with a double meaning: it means market; but also confusion, chaos, instability. Inherent to this second definition are a significant number of unknown factors and doubtful outcomes – which evidently represent risk; and they can reach critical proportions when market confidence wanes which, quite evidently, does not happen just by accident.
This is a preview of subscription content, log in via an institution to check access.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
Preview
Unable to display preview. Download preview PDF.
Copyright information
© 2011 Dimitris N. Chorafas
About this chapter
Cite this chapter
Chorafas, D.N. (2011). Conventional and Unconventional Weapons in a Central Bank’s Arsenal. In: Sovereign Debt Crisis. Palgrave Macmillan Studies in Banking and Financial Institutions. Palgrave Macmillan, London. https://doi.org/10.1057/9780230307124_5
Download citation
DOI: https://doi.org/10.1057/9780230307124_5
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-349-33456-8
Online ISBN: 978-0-230-30712-4
eBook Packages: Palgrave Economics & Finance CollectionEconomics and Finance (R0)