‘Competition and Credit Control’: The New Policy of September 1971
‘Competition and Credit Control’ made its public appearance in the form of a consultative document issued on 14 May 1971 ‘as a basis of discussion with banks and finance houses’. Further papers followed, and the scheme was introduced in September. The relevant papers are in BEQ June, September and December 1971.
KeywordsInterest Rate Banking System Short Rate Treasury Bill Economic Uncertainty
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