Foreign-Currency Debt
Choosing the Currency Structure of Foreign currency Debt: a Review of Policy Approaches
... suitable currency structure for their foreign-currency debt in light of the constraints and incentives that make sovereigns issue debt in foreign ...opportunistic debt ...
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Limits of Floats: The Role of Foreign Currency Debt and Import Structure
... and foreign currency debt affect the buffer property of a flexible exchange ...high foreign currency debt and low pass-through contrac- tionary balance sheet effects dominate ...
39
Foreign Currency Debt, Financial Crises and Economic Growth: A Long Run View
... whether foreign capital flows are associated with greater risks of currency ...hard currency government debt outstanding to total government debt (1880 - 1913) or the within country ...
48
Financial Crises, 1880-1913: The Role of Foreign Currency Debt
... In 1893 international markets once again doubted the US commitment to the gold standard. A move to a de facto silver standard was factored in to expectations. 17 The closure of the mint to silver in June 1893 in India ...
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Domestic Bank Regulation and Financial Crises: Theory and Empirical Evidence from East Asia
... and foreign capital inflows leading up to a financial ...the foreign currency debt of domestic banks that ultimately leads to a financial crisis with the collapse of the fixed exchange rate ...
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Attitudes against personal bankruptcy of foreign-currency debtors in Hungary = Magáncsőddel szembeni attitűdök sajátosságai a magyarországi devizahitelesek körében
... In January 2015, the Fair Bank Act was introduced which included more regulation for the banks about the lending. For example, this law regulates that which kind of property with what percentage can be used as a ...
14
The Checks of Czechs: Optimizing the Debt Portfolio of the Czech Government
... public debt management to conduct debt allocation analysis for nine OECD ...for debt managers in emerging market economies, Melecky (2012b) provides a review of policy approaches to choosing the ...
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The Checks of Czechs: Optimizing the Debt Portfolio of the Czech Government
... public debt management to conduct debt allocation analysis for nine OECD ...for debt managers in emerging market economies, Melecky (2012b) provides a review of policy approaches to choosing the ...
38
Domestic Debt Structures in Emerging Markets : New Empirical Evidence
... domestic debt compositions in emerging economies are characterised by four main ...domestic debt in total public domestic debt, sources of risk (foreign currency denomination, short ...
36
Relation between Foreign Currency Borrowings and Foreign Exchange Rate Volatility: Evidence from Bangladesh Economy
... government foreign currency debt is more important for explaining exchange rate volatility than private foreign currency debt in the Bangladesh economy because VECM indicated a ...
23
Financial Stability, the Trilemma, and International Reserves
... two debt measures are SIN1 (the fraction of internationally issued securities issued in foreign currency) and the log of the ratio to GDP of all external liabilities in foreign ...second ...
48
Financial dollarization in Russia: causes and consequences
... of foreign currency bank loans to the oil and gas industry in total loans to non-financial or- ganizations and as in Ranciere et ...external foreign currency debt securities, we are ...
38
Household debt and foreign currency borrowing in new member states of the EU
... in foreign currencies in new member states has tended to rise over ...of foreign-owned ...in foreign markets, and lower foreign interest rates increase the attractiveness of loans denominated ...
17
Addicted to Dollars
... in foreign currency—will tend to make countries less tolerant to large exchange rate changes, out of concern of the adverse effects those changes may have on sectoral balance sheets and, ultimately, on ...
68
The impact of financial dollarization on the banking system of Ukraine
... this currency mismatch does not only increase banks’ currency risk when the proportion of dollar-denominated loans with respect to local-denominated loans increases but also it increases their clients’ ...
6
An Overview of Foreign Currency Exposure
... of foreign exchange rates, which can be financially unfavorable to the global ...major foreign exchange exposure which are, translation, transaction, and economic; the risks associated with each exposure, ...
5
The UK Flow of Funds Project: experimental short-term and long-term debt securities statistics, explanatory notes
... This note explains the sources and methods used in the compilation of the experimental from-whom-to-whom long-term debt securities statistics. Table 2 shows the estimates for balance sheet assets by sector, ...
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How to get out of the crisis without reforms? The Belarusian authorities confront growing economic problems. OSW Commentary NUMBER 202/21.03.2016
... ing of the rouble has led to a decline in the real value of wages; whereas the changes were not so drastic in 2015, the dynamic fall of the rou- ble rate in January this year when calculated in dollars has reduced the ...
6
Financial Dollarization, (De)Dollarization and The Turkish Experience
... domestic currency value of foreign exchange denominated/ linked debt, may spur currency and asset substitution and may harm balance sheets of firms, households and banks in the case of high ...
19