Jun 2005
Author(s): Bleakley, Hoyt; Cowan, Kevin
Much has been written recently about the problems for emerging markets that might result from a mismatch between foreign-currency denominated liabilities and assets (or income flows) denominated in…
Jun 2005
Author(s): Bleakley, Hoyt; Cowan, Kevin
Substantial attention has been paid in recent years to the risk of maturity mismatch in emerging markets. Although this risk is microeconomic in nature, the evidence advanced thus far has taken the…
Jan 2005
Author(s): Vodusek, Ziga; Devlin, Robert
Trade has become an increasingly important strategic objective for developing countries. This is a relatively new phenomenon for many of them. Hence the demand to intensify an insertion into the…