After the developing-country debt crisis began in 1982 see, Ask an Expert

Economics

After the developing-country debt crisis began in 1982 (see the next chapter), U.S. bank regulators imposed tighter supervisory restrictions on the lending policies of American banks and their subsidiaries.

Over the 1980s, the share of U.S. banks in London banking activity declined. Can you suggest a connection between these two developments?

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Macroeconomics, Economics

Category:- Macroeconomics
Reference No.:- M91923078

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