Artikel

Oil, debt, banking and the world recession

The threat of a major debt crisis is presently hanging over the international financial community like Damocles' sword. Behind the crisis lies the flood of petrodollars into the financial institutions of the industrial world since the mid 1970s and the consequent large-scale lending to “doubtful customers”. A simple solution to the problem is not in sight.

Language
Englisch

Bibliographic citation
Journal: Intereconomics ; ISSN: 0020-5346 ; Volume: 18 ; Year: 1983 ; Issue: 1 ; Pages: 34-37 ; Hamburg: Verlag Weltarchiv

Classification
Wirtschaft
Subject
Oil Funds

Event
Geistige Schöpfung
(who)
Banks, Ferdinand E.
Event
Veröffentlichung
(who)
Verlag Weltarchiv
Springer
(where)
Hamburg
(when)
1983

DOI
doi:10.1007/BF02928324
Handle
Last update
10.03.2025, 11:43 AM CET

Data provider

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Object type

  • Artikel

Associated

  • Banks, Ferdinand E.
  • Verlag Weltarchiv
  • Springer

Time of origin

  • 1983

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