The growth of multinational banking, the Euro‐currency market and their effects on developing countries
描述了20世纪70年代以来跨国银行借贷的快速增长及其对发展中国家的影响，分析了欧洲货币市场机制变化如何便利发展中国家融资，并探讨了私人银行向第三世界贷款的经济和政治后果。
This paper describes the recent rapid growth of transnational banking and lending, as well as it causes. Since the early seventies, a growing proportion of this lending has been oriented towards developing countries. The principal causes for this trend are outlined, and the changes in the mechanisms of the ‘Eurodollar market’ which made access to it easier for developing countries are described. The trends prevailing in developing countries’ financing throughout the seventies are then examined. Finally, the economic and political effects of the rapid growth in lending by private banks to the Third World are discussed.