In Re (#09 September 2012)

Currency Regulations in Cross Border Financing: Awaiting Regulatory Impetus

Iryna V. Pokanay, Gabriel P. Aslanian

The last few months have proved the recovery from the global financial crisis remains shaky. Political instability in Greece and unfavorable expectations for the euro increased the cautiousness of investors and reduced capital flows to developing countries. The effect of instability was felt by the majority of Ukrainian businesses linking their development plans with financing projections on international capital markets…

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