One of the main features of the international economy and of world development since the beginning of the 1970s has been the changing role of the private sector, and in particular the commercial banks, in providing balance of payments financing to developing countries. The banks have become an integral element of the Third World debt problem. The activities of the banks, although much reported, have, however, received little direct analysis. This book sets out to make a contribution towards closing this gap. It investigates various aspects of commercial bank lending to developing countries not only examining past behaviour but also looking at the likely future evolution of bank lending. Graham Bird has also written "The International Monetary System and the Less Developed Countries", "World Finance and Adjustment - An Agenda For Reform" and "International Macroeconomics - Theory, Policy and Applications".
- ISBN10 0333491416
- ISBN13 9780333491416
- Publish Date August 1989
- Publish Status Out of Print
- Out of Print 9 June 1994
- Publish Country GB
- Imprint Palgrave Macmillan
- Format Hardcover
- Pages 168
- Language English