Download or read book Portfolio Effects of Debt equity Swaps and Debt Exchanges with Some Applications to Latin America written by Daniel Oks and published by World Bank Publications. This book was released on 1990 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt: This model explains why debt- equity swaps tend to raise the steady- state price of sovereign debt in Chile and Brazil and reduce it in Argentina and Mexico.
Download or read book Sovereign Debt Restructurings 1950 2010 written by Mr.Udaibir S. Das and published by International Monetary Fund. This book was released on 2012-08-01 with total page 128 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper provides a comprehensive survey of pertinent issues on sovereign debt restructurings, based on a newly constructed database. This is the first complete dataset of sovereign restructuring cases, covering the six decades from 1950–2010; it includes 186 debt exchanges with foreign banks and bondholders, and 447 bilateral debt agreements with the Paris Club. We present new stylized facts on the outcome and process of debt restructurings, including on the size of haircuts, creditor participation, and legal aspects. In addition, the paper summarizes the relevant empirical literature, analyzes recent restructuring episodes, and discusses ongoing debates on crisis resolution mechanisms, credit default swaps, and the role of collective action clauses.
Download or read book Bibliography on Agricultural Credit and Rural Savings written by and published by . This book was released on 1991 with total page 82 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book A Primer on Managing Sovereign Debt Portfolio Risks written by Thordur Jonasson and published by International Monetary Fund. This book was released on 2018-04-06 with total page 133 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper provides an overview of sovereign debt portfolio risks and discusses various liability management operations (LMOs) and instruments used by public debt managers to mitigate these risks. Debt management strategies analyzed in the context of helping reach debt portfolio targets and attain desired portfolio structures. Also, the paper outlines how LMOs could be integrated into a debt management strategy and serve as policy tools to reduce potential debt portfolio vulnerabilities. Further, the paper presents operational issues faced by debt managers, including the need to develop a risk management framework, interactions of debt management with fiscal policy, monetary policy, and financial stability, as well as efficient government bond markets.
Download or read book Discerning Among Rival Theories of Growth Planning in Entrepreneurial Firms written by Claudio Daniel Milman and published by . This book was released on 1987 with total page 430 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Financing Health Services in Africa written by Germano M. Mwabu and published by . This book was released on 1990 with total page 30 pages. Available in PDF, EPUB and Kindle. Book excerpt: African economies are performing poorly, and it is unlikely that governments will finance the health sector by raising additional tax revenues or by borrowing from international sources. What are the possibilities for user fees, community financing, and health insurance as alternatives? And should cost- recovery be an objective?
Download or read book Asset and Liability Management in the Developing Countries written by Toshiya Masuoka and published by . This book was released on 1990 with total page 92 pages. Available in PDF, EPUB and Kindle. Book excerpt: The increased volatility of exchange rates, interest rates, and primary commodity prices over the last two decades has high- lighted the importance for developing countries of managing these risks.
Download or read book Modeling Investment Behavior in Developing Countries written by Nemat Shafik and published by . This book was released on 1990 with total page 72 pages. Available in PDF, EPUB and Kindle. Book excerpt: This model of investment behavior takes into account certain characteristics common to developing countries, such as the oligopolistic structure of markets, putty- clay technology, the inelastic supply of nontraded capital goods, and financial repression.
Download or read book Bibliographic Guide to Business and Economics written by New York Public Library. Research Libraries and published by . This book was released on 1976 with total page 556 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Aanwinstenlijst Centrale Bibliotheek written by Koninklijk Instituut voor de Tropen. Centrale Bibliotheek and published by . This book was released on 1990 with total page 546 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Emerging Capital Markets and Globalization written by Augusto de la Torre and published by World Bank Publications. This book was released on 2006-10-20 with total page 232 pages. Available in PDF, EPUB and Kindle. Book excerpt: Back in the early 1990s, economists and policy makers had high expectations about the prospects for domestic capital market development in emerging economies, particularly in Latin America. Unfortunately, they are now faced with disheartening results. Stock and bond markets remain illiquid and segmented. Debt is concentrated at the short end of the maturity spectrum and denominated in foreign currency, exposing countries to maturity and currency risk. Capital markets in Latin America look particularly underdeveloped when considering the many efforts undertaken to improve the macroeconomic environment and to reform the institutions believed to foster capital market development. The disappointing performance has made conventional policy recommendations questionable, at best. 'Emerging Capital Markets and Globalization' analyzes where we stand and where we are heading on capital market development. First, it takes stock of the state and evolution of Latin American capital markets and related reforms over time and relative to other countries. Second, it analyzes the factors related to the development of capital markets, with particular interest on measuring the impact of reforms. And third, in light of this analysis, it discusses the prospects for capital market development in Latin America and emerging economies and the implications for the reform agenda.
Download or read book Bolet n informativo de nuevas adquisiciones written by Banco de México (1925- ). Oficina de Servicios Bibliotecarios and published by . This book was released on 1991 with total page 480 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Labor Market Participation Returns to Education and Male female Wage Differences in Peru written by Shahidur R. Khandker and published by World Bank Publications. This book was released on 1990 with total page 54 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Policies for Economic Development written by Stanley Fischer and published by World Bank Publications. This book was released on 1995 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Policy Research Working Papers written by and published by . This book was released on 1991 with total page 340 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Inflation stabilization Cycles in Argentina and Brazil written by Miguel Alberto Kiguel and published by World Bank Publications. This book was released on 1990 with total page 49 pages. Available in PDF, EPUB and Kindle. Book excerpt: The repeated use of price and wage controls is likely to destabilize inflation in the medium run. The similar cyclical pattern of inflation observed in the aftermath of the failures of the Austral plan in Argentina and the Cruzado plan in Brazil is mostly linked to anticipations about the introduction of price controls. The heterodox approach is risky if not accompanied by an adequate adjustment in the budget deficit.
Download or read book Analyzing the Effects of U S Macroeconomic Policy on U S Agriculture Using the USAGMKTS Model written by Richard E. Just and published by World Bank Publications. This book was released on 1990 with total page 39 pages. Available in PDF, EPUB and Kindle. Book excerpt: Countries that trade in agricultural commodities with the United States need to sort out the effect of U.S. macroeconomic policy on U.S. agriculture. This report describes the results of simulating the effects of U.S. macro policy on U.S. agriculture.