How Global Investors Might Rid Themselves of Asian-Type Crises.
Debate about reforming the international financial structure in order to deal with financial crises in emerging markets tends to focus on what officials in international institutions and finance ministers from developed countries consent to tell finance ministers in emerging economies. The motives...
| Publicado en: | CATO Journal Vol. 26; no. 1; pp. 89 - 102 |
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| Formato: | Artículo |
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Cato Institute
Winter 2006
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| Acceso en línea: | Ver este registro en EBSCOhost |
| Sumario: | Debate about reforming the international financial structure in order to deal with financial crises in emerging markets tends to focus on what officials in international institutions and finance ministers from developed countries consent to tell finance ministers in emerging economies. The motives behind this approach may be ill-conceived, and it can cause a delay in the official response to the spread of currency or sovereign-debt crises. The writer outlines some recommendations that might prove useful for global investors seeking to manage the risk of a country's exposure to a crisis with derivatives without having to sell that country's real and primary financial assets. |
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