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The Lifeboat Idea Internationally

  • Margaret Reid

Abstract

While Britain was grappling with her secondary bank and property crises, the international banking world experienced some shocks which called for remedial action and led to closer and lasting co-operation among central banks in monitoring the health of the worldwide financial system. The difficulties were partly attributable to the problems of adjustment to floating exchange rates in the early 1970s and to strains in the Euromarkets in the harsher economic climate following the major round of oil price increases. But sometimes the trouble was more fundamental and lay in problems at individual banks.

Keywords

Real Estate Investment Trust Saving Bank Supervisory Authority International Banking Float Exchange Rate 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© Margaret Isabel Reid 1982

Authors and Affiliations

  • Margaret Reid
    • 1
  1. 1.LondonUK

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