Pecking order models of international finance suggest that countries should become less reliant on international bank lending as they develop. Reduced information costs are one of the factors behind this trend towards disintermediation. This paper presents a simple model on the choice between...

Global business : competitiveness and sustainability -- International marketing -- International finance -- International accounting -- International taxation -- International staffing and labor issues -- Managing global operations and technology -- Global business cases -- Glossary -- Index --...