Managing Volatility in Low-Income Countries : The Role and Potential for Contingent Financial Instruments.

The paper examines the case for contingent financial instruments for low-income countries (LICs), from both the market and official sector. These include commodity price hedging instruments, contingent debt instruments (commodity-linked bonds, deferred repayment loans), and natural disaster insuranc...

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Detalhes bibliográficos
Autor Corporativo: International Monetary Fund
Formato: Periódico
Idioma:English
Publicado em: Washington, D.C. : International Monetary Fund, 2011.
Colecção:Policy Papers; Policy Paper ; No. 2011/089
Acesso em linha:Full text available on IMF