International Debt and Central Banking in the 1980s

Front Matter....Pages i-viii
Introduction....Pages 1-17
Front Matter....Pages 18-18
Notes on the Problem of International Debt....Pages 21-29
A Central Banker’s View about the International Debt Crisis....Pages 31-40
The Lessons of the Crisis: a Developing Country View....Pages 41-55
The International Debt Crisis – A Growth-oriented Management Approach....Pages 57-67
The International Debt Threat: a Way to Avoid a Crash....Pages 69-79
Front Matter....Pages 80-80
Properties of Monetary Systems....Pages 83-104
Comment on ‘Properties of Monetary Systems’....Pages 105-111
The Costs and Benefits of International Banking....Pages 113-135
Comments on ‘The Costs and Benefits of International Banking’....Pages 136-138
Reply to Comments by D . Fitzgerald....Pages 139-140
International Lenders of Last Resort: Are Changes Required?....Pages 141-163
Comment on ‘International Lenders of Last Resort: Are Changes Required?’....Pages 164-166
The Theory of Last Resort Lending....Pages 167-183
Comment on ‘The Theory of Last Resort Lending’....Pages 184-186
Country Risk: A Model for Predicting Debt Servicing Problems in Developing Countries....Pages 187-223
Comments on ‘Country Risk: A Model for Predicting Debt Servicing Problems in Developing Countries....Pages 224-227
Back Matter....Pages 229-234