Title: Aspects of the international banking safety net
Description: This paper focuses on one aspect of banks' willingness and ability to continue international intermediation. Banking history up to the 1930s was replete with crisis that entailed a disruption of banking activity, drastically altering the volume, direction, and terms of the flow of funds within and among national economies. The paper provides a qualitative assessment of the strengths and weaknesses of the existing safegards for the continuity of international intermediation by banks.
Subjects: Foreign Loans, International Banks and banking, Banks and banking, international