Cross-border exposures and country risk :assessment and monitoring
- 作者: Krayenbuehl, Thomas E.
- 其他作者: Krayenbuehl, Thomas E.
- 出版: Cambridge, England : Woodhead Pub. 2001.
- 稽核項: 1 online resource (xii, 204 pages) :illustrations.
- 標題: Dettes extérieures. , Risk , Risk. , Public Finance. , Risque. , BUSINESS & ECONOMICS Public Finance. , Dettes publiques. , Electronic books. , International finance. , Debts, External. , BUSINESS & ECONOMICS , Debts, Public.
- ISBN: 1855738813 , 9781855738812
- ISBN: 1280372419 , 9781280372414
- 試查全文@TNUA:
- 附註: Revised edition of: Country risk. 2nd ed. 1988. Includes bibliographical references and index. Cover -- Contents -- Preface -- 1 Overview -- Introduction -- The debt crisis of the 1980s -- The Brady Plan -- The Tequila crisis -- The transition countries -- The Asian crisis -- The latest problems -- Heavily indebted poor countries -- Recent developments in cross-border financing -- Conclusions -- References -- 2 The need for capital -- Introduction -- The borrowers -- Gross domestic investment -- Capital needs -- Domestic funds -- Cross-border funds -- Conclusions -- References -- 3 Risks in cross-border exposures and their assessment -- Introduction -- Transfer risk -- Political risk -- Relating transfer and political risk -- References -- 4 Monitoring of cross-border exposures and hedging of country risk -- Introduction -- The establishment of country limits -- Monitoring cross-border exposures -- The change of country risk quality and its consequences -- Hedging of country risk -- The case of contagion -- Outsourcing risk assessment -- The rating agencies -- Conclusions -- References -- 5 Responsibilities -- Introduction -- The International Monetary Fund (IMF) -- The World Bank Group -- The regional multilateral financial institutions -- The industrialized countries -- The developing countries -- The regulators -- The rating agencies -- Conclusions -- References -- 6 Conclusions -- Annex 1 Glossary -- Annex 2 Articles of Agreement of the International Monetary Fund, Article IV -- Annex 3 Selected sovereign ratings for foreign currencies of developing countries -- Annex 4.1 Country risk rating by the International Country Risk Guide -- Annex 4.2 Country risk rating by the Institutional Investor -- Annex 4.3 Country risk rating by Euromoney -- Annex 5 Alternative exchange rate regimes.
- 摘要: This thoroughly revised edition of Thomas Krayenbuehl's classic handbook confirms its reputation as the standard work on this formidably complex subject. It is essential reading for bankers, executives of multinational companies and governmental and inter-governmental agencies.
- 電子資源: https://dbs.tnua.edu.tw/login?url=https://search.ebscohost.com/login.aspx?direct=true&scope=site&db=nlebk&AN=101328
- 系統號: 005305622
- 資料類型: 電子書
- 讀者標籤: 需登入
- 引用網址: 複製連結
The international financial system has come under strain several times in recent years, and analysis has shown that most crises originated from the risks built into cross-border exposures.Assessment and monitoring of cross-border exposures and country risk are essential activities for international lending agencies such as government bodies, banks, multinational corporations and other investors. Inadequate risk management could have a destabilising effect on both lender and borrower and could result in a major international financial crisis.This completely revised edition of Thomas E Krayenbuehl's classic handbook clearly shows how the various players can quantify and manage the complex factors involved in order to minimise the risk and avoid potentially catastrophic consequences. It provides both a rigorous analysis of the current situation and a guide to meeting the challenges of the future.Just some of the things you'll discover...How to succeed in cross-border lending and investment through good assessment, monitoring and hedging of country riskHow the Tequila and Asian crises came about, and the lessons learnedThe likelihood of future crises and the potential causesThe latest problems to beset the international financial systemThe recent developments in cross-border financingWhy the problem of contagion occurs between seemingly unrelated marketsThe enormous need for global capital to bring about sustainable economic development in the developing world, and the role of the major players in fulfilling itThe numerous factors that constitute and influence a specific country riskThe responsibilities of all the parties involved, from the IMF and the World Bank to the industrialised and developing nations, the regulators and the rating agenciesHow this study helps you: This lucid and authoritative handbook will help you to:Understand the problems facing the international financial systemIdentify and assess new investment opportunitiesOptimise risk composition of cross-border lending or investmentMake sound decisions, minimise risk and achieve better outcomes - The definitive study of this important topic – its purpose, practice and implications
來源: Google Book
來源: Google Book
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