Risk Management of Sovereign Assets and Liabilities /

In an environment of sizable and volatile capital flows and integrated international capital markets, large and unhedged net external sovereign liabilities expose countries to swings in international asset prices and to potential speculative currency attacks. The paper argues that an essential step...

Ausführliche Beschreibung

Bibliographische Detailangaben
1. Verfasser: Cassard, Marcel
Weitere Verfasser: Folkerts-Landau, D.
Format: Zeitschrift
Sprache:English
Veröffentlicht: Washington, D.C. : International Monetary Fund, 1997.
Schriftenreihe:IMF Working Papers; Working Paper ; No. 1997/166
Online Zugang:Full text available on IMF