International Problems

John Grady and Martin Weale
Additional contact information
Martin Weale: Department of Applied Economics and Clare College

Chapter 8 in British Banking, 1960–85, 1986, pp 175-194 from Palgrave Macmillan

Abstract: Abstract There are two rather different types of international comparison which should be made in a study of this type. First, the instability of the 1970s was not restricted to the British economy. In a number of countries a situation in some ways analogous to that in Britain developed. The first part of this chapter, therefore, briefly recounts some crises occurring in other countries. However, the more interesting comparison is made not with other countries, but with the experience of the world as a whole. The international debt crisis, which began in 1982, can be seen as a liquidity crisis on a world scale, although not one arising from the problems of any one bank; the second part therefore attempts to identify similarities between the development of international banking in the period leading up to the debt crisis, and the growth of the UK non-clearing banks before 1973.

Keywords: Foreign Exchange; Banking System; Commercial Bank; Real Interest Rate; Debt Crisis (search for similar items in EconPapers)
Date: 1986
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-07535-5_9

Ordering information: This item can be ordered from
http://www.palgrave.com/9781349075355

DOI: 10.1007/978-1-349-07535-5_9

Access Statistics for this chapter

More chapters in Palgrave Macmillan Books from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().