Аннотация:1. Introduction Charles P. Kindleberger and Jean-Pierre Laffargue Part I: Theory: 2. The financial-instability hypothesis: capitalist processes and the behaviour of the economy Hyman P. Minsky Part II. History: 3. The 1907 financial crisis in Italy: a peculiar case of the lender of last resort in action Franco Bonelli 4 Central banking and foreign trade: the Anglo-American cycle in the 1830s Maurice Levy-Leboyer 5. Domestic and foreign expectations and the demand for money during the German inflation 1920-1923 Carl L. Holtfrerich 6. The sterling system and financial crises before 1914 L. S. Pressnell Part III. Policy: 7. Policy in the crises of 1920 and 1929 D. E. Moggridge 8. Central banks and foreign-exchange crises today Paul Coulbois 9. Less developed countries' rising indebtedness and the lender of last resort in international context Joel Metais 10. On the lender of last resort Robert M. Soloit 11. Financial fragility and instability: monetary authorities as borrowers and lenders of the last resort Warren D. McClam.