The need to control international bank lending

Authors

  • G.A. KESSLER

DOI:

https://doi.org/10.13133/2037-3643/10699

Keywords:

International bank lending, policy, monetary management, deficits, cooperation

Abstract

The work deals with the process of international bank lending and with the policy implications for monetary management. The author argues that foreign bank credit expansion has (or is likely to) become an important monetary factor. The macro and micro aspects of the dynamics of the process of this expansion and the relation to the US balance of payments deficit are analysed. Some general remarks are made with respect to the need for intensified international monetary cooperation.

 

JEL: F34

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Published

2013-10-10

How to Cite

KESSLER, G. (2013). The need to control international bank lending. PSL Quarterly Review, 33(132). https://doi.org/10.13133/2037-3643/10699

Issue

Section

Editorial