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Lender Paradoxes and the Recent Turnarounds in International Capital Marketsapital flows. The . major shake-up since the restoration of the private market of international credit in the period after the Second World War took place in the early 1970s, as the expanded credit base of the Euro-currency market went through further expansions with OPEC deposits. The market respon

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Sovereign-Risk Quantification Methodologies: A Critiquesearch and practitioners practise. Thus although the survey findings reported, for example, by Goodman (1977), Mathis and Maslin (1981), Burton and Inoue (1983) and Heffernan (1986) are variously obscured by the coverages and response rates achieved, it seems at least clear that banks have been relu

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Effects of Macroeconomic Transmission of Tariffsely free trade conditions foster economic growth and welfare as compared with an environment with significant barriers to trade, be it in the form of tariffs, quotas or other non-tariff barriers to trade. And as regards the world debt problem, a move away from free trade is likely to hamper the proc