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In literature and practice the term “development bank” is commonly applied to investment banks for the financing of …- and long-term funds. Complementary consultative functions are occasionally performed as well while other bank transactions … development bank has proved too narrow, too normative and too general. …
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As the flow of financial aid from the industrial countries may be expected to shrink rapidly as a consequence of their economic difficulties, the developing countries will have to find out possibilities of using their own financial resources more effectively. In this connection the task of...
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growing presence of Japanese banks in Western Europe. …
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This paper highlights that the EMU transition process itself can pose challenges to individual accession countries and draws policy implications for ERM II. Differences in financial market development and international liabilities underscore the risks and benefits of ERM II, and may lead to...
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Brexit is not only a historical chapter of the British — EU relationship, but it also carries immense challenges for fi nancial market stability in the short and medium run for the 28 member states of the European Union. The scale of these challenges depends heavily on the outcome of EU-UK...
Persistent link: https://www.econbiz.de/10011929879