Abstract
It is well known that the State of Alaska has experienced severe economic difficulties in recent years. The adverse economic impact on the people of Alaska is exacerbated by the fact that the state used to enjoy bountiful economic growth in the 1970s riding on the crest of the Alaskan oil boom.
This is a preview of subscription content, log in via an institution to check access.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
Preview
Unable to display preview. Download preview PDF.
Notes
The following discussion benefits heavily from an excellent treatment of the topic by David Holland. 1988. Off-Balance Sheet Activities of Commercial Banks, Ph.D. dissertation, George Washington University, Washington, D.C., 1988.
For example, see Harry G. Johnson, 1969. The Case of Flexible Exchange Rates. Federal Reserve Bank of St. Louis Review, June.
Craig S. Hakkio. 1984. Exchange Rate Volatility and Federal Reserve Policy. Federal Reserve Bank of Kansas City Economic Review, July-August.
See, for example, International Monetary Fund, Annual Report 1982, Washington, D.C. 1982, pp. 42–45.
Author information
Authors and Affiliations
Editor information
Editors and Affiliations
Rights and permissions
Copyright information
© 1989 Kluwer Academic Publishers
About this chapter
Cite this chapter
Park, Y.S. (1989). Recent Functional Changes in International Finance and Their Implications for International Financial Centers. In: Park, Y.S., Essayyad, M. (eds) International Banking and Financial Centers. Springer, Dordrecht. https://doi.org/10.1007/978-94-009-2504-5_15
Download citation
DOI: https://doi.org/10.1007/978-94-009-2504-5_15
Publisher Name: Springer, Dordrecht
Print ISBN: 978-94-010-7630-2
Online ISBN: 978-94-009-2504-5
eBook Packages: Springer Book Archive