In This Review

Overexposed: U.S. Banks Confront The Third World Debt Crisis
Overexposed: U.S. Banks Confront The Third World Debt Crisis
By Raul L. Madrid
Westview Press, 1992, 260 pp.

This useful, clearly written book's main contributions to a now familiar story are these: a steady focus on the changes in bank aims; a critical discussion of country risk analysis; an account of how banks adjusted to the debt crisis; and a good bit of detail about the experience of the seven biggest American banks.

More: