Format:
1 Online-Ressource (1 online resource (35 p.))
Edition:
Online-Ausgabe World Bank E-Library Archive Sonstige Standardnummer des Gesamttitels: 041181-4
Content:
This paper reviews the current state of affairs and thinking on external risk management for developing countries. It tries to identify the reasons behind the limited risk management by sovereigns. Perverse incentives arising from a too generous international safety net, limited access to international financial markets by developing countries arising from low creditworthiness, a limited supply of financial risk management tools suited to developing countries, and a poor supply of skills have inhibited risk management. Another constraint has been the limited attention given to the strategic objectives for risk management. Going forward, the paper identifies actions by international financial markets, countries and international financial institutions that can help improve risk management
Note:
Weitere Ausgabe: Claessens, Stijn: Taking Stock of Risk Management Techniques for Sovereigns
Additional Edition:
Reproduktion von Claessens, Stijn, 1959- Taking Stock of Risk Management Techniques for Sovereigns 2005
Language:
English
URL:
Volltext
(Deutschlandweit zugänglich)
Author information:
Claessens, Stijn 1959-
