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Changes in Japan's domestic economy and the emergence of stronger trade and investment links between Japan and the world economy have created substantial pressures for her banks and other financial institutions to expand overseas. The following article examines trends in Japanese international...
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Since the mid-sixties the expansion of the overseas banking system of American banks accelerated. New impulses will be generated by the “petroldollars” of the oil producing countries which will most likely be handled by the overseas branches.
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The threat of a major debt crisis is presently hanging over the international financial community like Damocles' sword. Behind the crisis lies the flood of petrodollars into the financial institutions of the industrial world since the mid 1970s and the consequent large-scale lending to...
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The International Monetary Fund is at present examining the possibility of borrowing on private capital markets in order to meet its growing refinancing needs. Reservations concerning such a step have been voiced in particular by the oil-importing developing countries. Professor Konrad analyses...
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