Daily Archives for May 20, 2008
Complementary Currencies
A list of resources related to local currencies, sometimes also called complementary currencies can be found here. Topics of this post: currency, developing countries, Memo See also World Bank G24 – Intergovernmental Group of Twenty-Four on International Monetary Affairs and … Continue reading
Africa and Local Bond Markets
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 … Continue reading