Abstract
What are the borrowing strategies and practices of European members of the Council for Mutual Economic Assistance (CMEA)? The authors had extensive discussions with bankers in the leading financial centres in Europe. Some of their findings are presented in the following article.
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The article reproduces some findings of a study prepared for the Organisation for Economic Co-operation and Development (OECD). The views expressed are the sole responsibility of the authors and they should not be considered as reflecting the official position or endorsement of OECD member countries or of the Secretariat. The complete study will be published this summer by Verlag Weltarchiv GmbH, Hamburg.
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Scharrer, HE., Bolz, K. Borrowing in Western financial markets by Eastern European countries. Intereconomics 14, 90–95 (1979). https://doi.org/10.1007/BF02930204
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DOI: https://doi.org/10.1007/BF02930204