THE FOREIGN CURRENCY LOANS AFFAIR: SOME COMMENTS |
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Authors: | TOM VALENTINE |
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Affiliation: | University of Sydney |
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Abstract: | Kingston (1995) discusses the legal complications arising out of the foreign currency loans taken out in the middle eighties. This note discusses a number of points of difference within Kingston's interpretations. The most important example of these is the predictability of the losses arising from the loans. Some potential solutions of the problems identified by Kingston, and in this note, are also canvassed. |
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