The South Bank: An economic assessment

John C. Fahy

Intereconomics – Review of European Economic Policy (1966 - 1988), 1985, vol. 20, issue 1, 36-42

Abstract: As a result of dissatisfaction with existing multilateral institutions, the idea of establishing a developing countries' multilateral banking facility-the South Bank-was launched at the Fifth Summit Conference of the Non-Aligned Movement held in Colombo in 1976. Ever since then, the debate over whether such a facility is really needed and economically feasible has never come to a conclusion. This article reviews the proposed main structure of the South Bank and critically examines its efficacy as a financial intermediary.

Keywords: Development; Financing (search for similar items in EconPapers)
Date: 1985
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Persistent link: https://EconPapers.repec.org/RePEc:zbw:inteco:139956

DOI: 10.1007/BF02928451

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