Wednesday, June 25th, 2008
The Document contains an overview of the G8 Action Plan on the developments of local currency bond markets and the implementation report.
The overview-report looks at the problems identified by the G8 Action Plans, Task delegated to various institutions and results given from the implementation report. It is subdivided into ten ...
Posted in Papers | 2 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 ...
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Sunday, April 27th, 2008
To assess the evolution of the Financial Architecture after the Asian Crisis, the Meltzer Report provides a good gauge for the critique of the USA and other G7 countries towards the International Financial Institution. The report is named after Allan H. Meltzer, an economist and prominent critic of the Bretton-Woods-Institutions.
In ...
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