by Karin Lissakers · Basic Books · tapa dura · ISBN 9780465006052
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«Banks, Borrowers, and the Establishment» is Karin Lissakers's economics essay, published by Basic Books in hardcover (320 pages, in English).
It analyzes the international debt crisis, defending the role of private banking in lending to Eastern Europe and the Third World; with interviews with executives, Federal Reserve governors, and regulators, it shows how tax subsidies in the US and other industrialized countries made those credits artificially profitable and fragile.
Work published in December 1991. Includes bibliographical references and index. Subtitle: «A Revisionist Account of the International Debt Crisis».
Aimed at economists, financial sector professionals, and readers interested in the economic history of external debt.
