Archive for May 20th, 2008

Complementary Currencies

Tuesday, May 20th, 2008

A list of resources related to local currencies, sometimes also called complementary currencies can be found here.

Africa and Local Bond Markets

Tuesday, May 20th, 2008

Great article by Peter Nixon on the Development of Local Bond Markets in Africa. He outlines the following benefits from having Local Bond Markets: Foreign versus local currency Reduced volatility and easier debt management Long-term fiscal budget stability Increased investors confidence Reduced conflict of interest between devaluation of currency to spur export growth and appreciation of ...