The Federal Reserve Bank of Boston is pleased to publish these proceedings of the 18th in a series of conferences sponsored by the Bank. The papers and comments in this volume were presented at Bald Peak Colony Club, Melvin Village, New Hampshire in October 1977. The conference participants were chosen because of their recognized expertise in international banking; we believe the publication of their views in these proceedings will prove helpful to students in the field.

Contents

Entire Proceedings (9.17MB)

Foreword
  Frank E. Morris

The Growth of U.S. Banking Abroad: An Analytical Survey
  Norman S. Fieleke, with discussions by George E. Phalen and Robert Z. Aliber. With response by Norman S. Fieleke

The Growth of Foreign Banking in the United States: An Analytical Survey
  Henry S. Terrell and Sydney J. Key, discussion by Richard E. Caves

Central Banks as Regulators and Lenders of Last Resort in an International Context: A View from the United States 
Henry C. Wallich, with discussion by Donald R. Hodgman

Central Banks as Regulators and Lenders of Last Resort in an International Context: A View from the United Kingdom 
Christopher W. McMAHON, with discussion by Charles P. Kindleberger

Evaluation of Risk in International Lending: A Lender's Perspective
  Irving S. Friedman, with discussion by Rudiger Dornbusch

Evaluation of Risk in International Lending: A Bank Examiner's Perspective
  Harold D. Schuler, with discussion by Herbert G. Grubel and response by Harold D. Schuler