1887

Towards a New Bretton Woods

Challenges for the World Financial and Trading System: Selected Backgound Papers Prepared for a Commonwealth Study Group, Volume I and II

image of Towards a New Bretton Woods

English

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Commercial Banks and Balance-of-Payments Financing

This paper summarises the role of the private commercial banks in the international financial system, with respect to their intermediary role in financing world balance-of-payments deficits.

English

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