Introduction

Paolo Savona () and George Sutija

A chapter in Eurodollars and International Banking, 1985, pp 1-12 from Palgrave Macmillan

Abstract: Abstract This volume is concerned with the nature of the Eurodollar market. The broader Eurocurrency market represents the most astonishing phenomenon in the modern world of finance because Eurocurrencies consist of bank deposits located in jurisdictions outside that of the currency of denomination. Economists, as well as public policymakers, share the view that banking systems, due to potential bank failures and the monetary role that banks play, deserve special regulation and the intervention of the monetary authorities.

Keywords: Interest Rate; Central Bank; Banking System; Monetary Authority; Reserve Requirement (search for similar items in EconPapers)
Date: 1985
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-07120-3_1

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DOI: 10.1007/978-1-349-07120-3_1

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