London Club

From Wikipedia, the free encyclopedia

This is an old revision of this page, as edited by Marcocapelle (talk | contribs) at 20:02, 21 May 2016 (removed Category:International economics; added Category:Political and economic think tanks based in the United Kingdom using HotCat). The present address (URL) is a permanent link to this revision, which may differ significantly from the current revision.

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 creditors. The first meeting of the London Club took place in 1976 in response to Zaire's debt payment problems.[citation needed]

The London Club is also the organization responsible for rescheduling debt payments made by countries to commercial banks.[1]

See also

References

  1. ^ Sloman J. (2006), Economics (6th edition). Harlow, FT/Prentice Hall. ISBN 0-273-70512-1