最后贷款者即最后贷款人,又称最终贷款人(Lender of Last Resort),即在出现危机或者流动资金短缺的情况时,负责应付资金需求的机构(通常是中央银行)。
在成为可以信赖的最后贷款者和有效政策监督者之间寻求一种恰当的平衡并不容易。
Striking the right balance between being a credible lender of last resort and an effective policy policeman is hard.
这就给央行以竞争优势,自然就致使央行成为商业银行最后的贷款者。
That endowed them with competitive advantages that led naturally to becoming lenders of last resort to commercial Banks.
如今的世界的确十分依赖中国。 中国同其他大型的新兴市场经济体一道,成为全球越来越重要的消费者和最后贷款人。
THE world is indeed highly dependent on China which, along with other large emerging market economies, is increasingly playing the role of the world’s consumer as well as lender of last resort.
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