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Bank's Loans to Developing Countries: A Normative Approach

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  • Kazuhiro Igawa

    (Kobe University)

Abstract

Optimal conditions of bank loans are shown in the environment of uncertainty and asymmetric information. These normative conditions make clear how to make new bank loans of international commercial banks to firms (or projects) in developing countries. The conditions also make clear some roles of an international organization, which supervises or assists bank loans for developing countries.

Suggested Citation

  • Kazuhiro Igawa, 1989. "Bank's Loans to Developing Countries: A Normative Approach," Kobe Economic & Business Review, Research Institute for Economics & Business Administration, Kobe University, vol. 34, pages 27-37.
    • Handle: RePEc:kob:review:1989::v:34:p:27-37
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