Short Term Liquidity Crisis

1 mentions.

1983

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1983

one mention

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In the same way, it is quite natural for commercial lenders to be prepared to continue to lend money to their major country customers- provided they have the assurance that the borrower concerned is taking action, agreed with the IMF, to put its economy in better order, and that the other main lenders will not precipitate a Short Term Liquidity Crisis by refusing to reschedule existing debts or join in a programme of additional lending.


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