In This Review
On Edge: International Banking and Country Risk

On Edge: International Banking and Country Risk

By Ellen S. Goldberg and Dan Haendel

Praeger, 1987, 116 pp.

Short as it is, this is a first-rate survey of approaches to the debt problem. Bank regulators get more attention than in most other studies. Although the authors do not arrive at any prescription, their study on the whole strengthens the view that the world is up against something more than can be dealt with through case-by-case rescheduling alone.