1950: International Banking

Archives consist of articles that originally appeared in Collier's Year Book (for events of 1997 and earlier) or as monthly updates in Encarta Yearbook (for events of 1998 and later). Because they were published shortly after events occurred, they reflect the information available at that time. Cross references refer to Archive articles of the same year.

International banking in 1950 was materially influenced by the continued struggle of an international diplomatic 'cold war' between Communistic national economies and the rest of the nations in the world, as well as by the open, hot war which had involved the United Nations and Communistic Northern... ...