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  • 标题:Foreign Bank Credit to U.S. Corporations: The Implications of Offshore Loans
  • 本地全文:下载
  • 作者:Robert N. McCauley ; Rama Seth
  • 期刊名称:Federal Reserve Bank of New York - Quarterly Review
  • 印刷版ISSN:0147-6580
  • 出版年度:1992
  • 卷号:17
  • 期号:1
  • 出版社:Federal Reserve Bank of New York
  • 摘要:International financial transactions have grown in recent years far faster than has our ability to understand their significance for national economies. This article seeks to explain the rise in bank loans from banks outside the United States to U.S. businesses. The article looks at the implications of the rapid growth of such loans for issues ranging from the corporate debt buildup in the United States in the late 1980s to the loss of market share in U.S. commercial lending by U.S.-owned banks
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