London Club
Template:Short description Script error: No such module "about". The London Club is an informal group of private creditors on the international stage, and is similar to the Paris Club of public lenders. The London Club is not the only informal group of private payables. The first meeting of the London Club took place in 1976 in response to Zaire's debt payment problems.
The London Club of commercial banks has been responsible for rescheduling countries debt payments to commercial banks.[1]Script error: No such module "Unsubst".[2] A meeting of the London Club took place in 1976 in response to Zaire's debt payment problems.Script error: No such module "Unsubst".
See also
- Paris Club of public lenders another informal group of private payables.
- Coffee Club
- Debt of developing countries
References
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- ↑ Sloman J. (2006), Economics (6th edition). Harlow, FT/Prentice Hall. Template:ISBN
- ↑ Richard P. C. Brown and Timothy J. Bulman. The Clubs: Their Roles in the Management of International Debt. INTERNATIONAL ECONOMICS, FINANCE AND TRADE – Vol. I. UNESCO – EOLSS sample chapter, 4pp
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