A new institution could be formed to harmonise international lending and reduce market uncertainty.

The reviews have traditionally provided an objective basis for political debate in those countries and international lending to them.

Their share of international lending rose to 40 percent in 1989.

Their share of international lending is now about 30 percent.

But the senior bankers are fish out of water when it comes to international lending.

Denial of certification leads to a reduction in American aid and opposition to international lending.

"There is no way they can avoid going into arrears," said the head of international lending for one of those banks.

From his advocacy on the foreign debt issue, the archbishop is well-versed in issues of economic development and international lending.

It is the main currency of international lending.

I am worried that the problems in the Japanese banking sector may lead to a slow withdrawal from international lending.