This volume considers issues on the management of foreign debt, and the macroeconomic policies that developing countries should pursue. It looks at a variety of the aspects of this subject, such as the scope of securitization and debt reduction via voluntary conversions.
The book provides a comprehensive study of the banking system in Cyprus from the time that the first bank was founded on the island in 1864. It examines the potential of the offshore banking sector, and the likely effects of financial deregulation and the adoption of the EEC Banking Directives on the future development of the banking system.
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