The purpose of this paper is to examine the relationship between the foreign loan activity of multinational banks and their foreign representation. The investigation of this relationship is important because it shows that the activities of multinational banks cannot be described by an...

The financial crisis of Mexico in 1982 and 1995 had a very different impact on the real sector. The first crisis led to a decade of stagnation while the second was resolved fairly rapidly. Although both crises were caused by a discontinuation and reversal of capital inflows, this paper argues...

Patterns of commodity trade and foreign direct investment are not consistent with the proposition that European economies are experiencing a process of increasing 'globalization'. Internationalization takes place as economic integration within the European Union and the European Union apparently...

The far-reaching liberalization process introduced in Chile after the overthrow of the Allende regime first met with reasonable success, but in the early 1980s a foreign-exchange crisis and a banking crisis appeared to mark the end of the experiment. Liberalization was resumed in 1985 and has...