The decade of the 1980s saw major stresses and strains in the developing world. Fiscal adjustment, trade liberalization, financial deregulation, and privatization were major policy reforms that sought to deal with the problems of high debt overhang, balance of payments problems, and slow growth in many developing countries. During this period banking systems in industrial and developing countries alike underwent fundamental change. Many banks were...
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1996/01/31
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Publication
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15384
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1
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1
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2024/09/02
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Disclosed
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Bank restructuring : lessons from the 1980s
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federal reserve bank of new york
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