Author : Daniel Oks
Publisher : World Bank Publications
Page : 42 pages
File Size : 40,74 MB
Release : 1990
Category : Debt equity conversion
ISBN :
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.
Author : Mr.Udaibir S. Das
Publisher : International Monetary Fund
Page : 128 pages
File Size : 47,46 MB
Release : 2012-08-01
Category : Business & Economics
ISBN : 1475505531
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.
Author :
Publisher :
Page : 82 pages
File Size : 15,48 MB
Release : 1991
Category : Agricultural credit
ISBN :
Author : Claudio Daniel Milman
Publisher :
Page : 430 pages
File Size : 48,84 MB
Release : 1987
Category : Advertising
ISBN :
Author : Thordur Jonasson
Publisher : International Monetary Fund
Page : 133 pages
File Size : 11,71 MB
Release : 2018-04-06
Category : Business & Economics
ISBN : 1484350545
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.
Author : Germano M. Mwabu
Publisher :
Page : 30 pages
File Size : 45,15 MB
Release : 1990
Category : Medical care
ISBN :
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?
Author : Toshiya Masuoka
Publisher :
Page : 92 pages
File Size : 14,80 MB
Release : 1990
Category : Asset-liability management
ISBN :
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.
Author : Nemat Shafik
Publisher :
Page : 72 pages
File Size : 40,91 MB
Release : 1990
Category : Capital investments
ISBN :
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.
Author : New York Public Library. Research Libraries
Publisher :
Page : 556 pages
File Size : 38,37 MB
Release : 1976
Category : Business
ISBN :
Author : Koninklijk Instituut voor de Tropen. Centrale Bibliotheek
Publisher :
Page : 546 pages
File Size : 20,95 MB
Release : 1990
Category : Agriculture
ISBN :
