Financial Emergencies

Authors

John A. Ferejohn, New York University School of LawFollow

Files

Description

This chapter explores ways in which financial emergencies are dealt with by modern governments, by which I mean political/legal systems that constitutionally protect rights and privileges. The key feature of such systems, from my perspective, it that they can be slow to react to shocks, even those that destabilize the government or threaten the wholelegal regime. A financial emergency is, arguably, an example of such a shock.

Source Publication

Constitutions in Times of Financial Crisis

Source Editors/Authors

Tom Ginsburg, Mark D. Rosen, Georg Vanberg

Publication Date

2019

Recommended Citation

Ferejohn, John A., "Financial Emergencies" (2019). Faculty Chapters. 486.
https://gretchen.law.nyu.edu/fac-chapt/486