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



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.


This is a required field
Please enter a valid email address
Approval was a Success
Invalid data
An Error Occurred
Approval was partially successful, following selected items could not be processed due to error