Volume 23, Number 9 · May 27, 1976
Banks: The Coming Crisis
By Emma Rothschild
Report on Developing Countries' External Debt and Debt Relief Provided by the United States
US Treasury
International Financial Cooperation for Development TD/188, TD/188 Supp. 1, Add. 1
United Nations Conference on Trade and Development, UNCTAD IV.
Foreign Assets and Liabilities of US Banks Multinationals Corporations
US Senate, Committee on Foreign Relations, Subcommittee on
There is a view, quite widely held, that the events of the last two years prove the fortitude of the international financial system. None of the largest banks in the world failed in the economic crisis of 1974-1975; no countries went broke. The neurotic episodes of 1974 and 1975 did not become a psychosis of the entire system, from Nassau and Liechtenstein to Chase Manhattan Plaza.
Review, 7366 words
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