Born-again lender
Article Abstract:
Japan Development Bank (JDB) has provided emergency support through an increase in lending and loans have risen sharply since Dec 1998 following a cange in its governing laws. Funds can be lent for firms to meet bond obligations and for working capital, as well as for long-term investments, as a result of the change in the law. Much of the economy would not survive without aid from the government as a result of changes in attitudes toward credit risk.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 1999
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Bankers to the poor
Article Abstract:
Regional development banks are the best vehicle for providing loans to developing countries. Based near their clients, they are better equipped to assess their financial potential. They also are largely free from influence by the World Bank and it's biggest shareholder, the US.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 1992
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The Brady gamblers win, for now
Article Abstract:
Mexico restructured its bank loans in 1990 and switches them to tradable bonds under the 'Brady plan.' Other developing countries are following suit, and investment in the tradable bonds is expected to reach $1 trillion in 1993.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 1993
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