This book examines the development of the international market for
syndicated credits over the past three decades. It brings together
practitioners' and academics' views on this form of financing and
provides original answers to previously little-explored research
questions. What determines banks' participation choices and supply?
What influences the pricing of emerging country loans, particularly
in times of crises? What are the differences with industrialized
country loans and bonds? With its extensive coverage and
thought-provoking insights, the book is of particular value for
students, practitioners and academics.
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