Tuesday, May 20th, 2008
A list of resources related to local currencies, sometimes also called complementary currencies can be found here.
Posted in Memo | No Comments »
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 ...
Posted in Discussions | No Comments »