Author: Mr.Paolo Mauro
Publisher: International Monetary Fund
ISBN: 1451853009
Category : Business & Economics
Languages : en
Pages : 32
Book Description
This paper analyzes the Corporation of Foreign Bondholders (CFB), an association of British investors holding bonds issued by foreign governments. The CFB played a key role during the heyday of international bond finance, 1870-1913, and in the aftermath of the defaults of the 1930s. It fostered coordination among creditors, especially in cases of default, arranging successfully for many important debt restructurings, though failing persistently in a few cases. While a revamped creditor association might once again help facilitate creditor coordination, the relative appeal of defection over coordination is greater today than it was in the past. The CFB may have had an easier time than any comparable body would have today.
The Corporation of Foreign Bondholders
Author: Mr.Paolo Mauro
Publisher: International Monetary Fund
ISBN: 1451853009
Category : Business & Economics
Languages : en
Pages : 32
Book Description
This paper analyzes the Corporation of Foreign Bondholders (CFB), an association of British investors holding bonds issued by foreign governments. The CFB played a key role during the heyday of international bond finance, 1870-1913, and in the aftermath of the defaults of the 1930s. It fostered coordination among creditors, especially in cases of default, arranging successfully for many important debt restructurings, though failing persistently in a few cases. While a revamped creditor association might once again help facilitate creditor coordination, the relative appeal of defection over coordination is greater today than it was in the past. The CFB may have had an easier time than any comparable body would have today.
Publisher: International Monetary Fund
ISBN: 1451853009
Category : Business & Economics
Languages : en
Pages : 32
Book Description
This paper analyzes the Corporation of Foreign Bondholders (CFB), an association of British investors holding bonds issued by foreign governments. The CFB played a key role during the heyday of international bond finance, 1870-1913, and in the aftermath of the defaults of the 1930s. It fostered coordination among creditors, especially in cases of default, arranging successfully for many important debt restructurings, though failing persistently in a few cases. While a revamped creditor association might once again help facilitate creditor coordination, the relative appeal of defection over coordination is greater today than it was in the past. The CFB may have had an easier time than any comparable body would have today.
Annual Report of the Council of the Corporation of Foreign Bondholders
Author: Corporation of Foreign Bondholders (Great Britain)
Publisher:
ISBN:
Category : Debts, External
Languages : en
Pages : 460
Book Description
Publisher:
ISBN:
Category : Debts, External
Languages : en
Pages : 460
Book Description
Annual Report of the Council of the Corporation of Foreign Bondholders, Issue 25
Author: Corporation of Foreign Bondholders (G
Publisher: Legare Street Press
ISBN: 9781020025242
Category :
Languages : en
Pages : 0
Book Description
This annual report provides valuable insight into the financial trends and developments affecting foreign bondholders. With detailed analysis of the bond market and expert commentary on emerging economic issues, this report is an essential resource for investors and financial professionals alike. This work has been selected by scholars as being culturally important, and is part of the knowledge base of civilization as we know it. This work is in the "public domain in the United States of America, and possibly other nations. Within the United States, you may freely copy and distribute this work, as no entity (individual or corporate) has a copyright on the body of the work. Scholars believe, and we concur, that this work is important enough to be preserved, reproduced, and made generally available to the public. We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant.
Publisher: Legare Street Press
ISBN: 9781020025242
Category :
Languages : en
Pages : 0
Book Description
This annual report provides valuable insight into the financial trends and developments affecting foreign bondholders. With detailed analysis of the bond market and expert commentary on emerging economic issues, this report is an essential resource for investors and financial professionals alike. This work has been selected by scholars as being culturally important, and is part of the knowledge base of civilization as we know it. This work is in the "public domain in the United States of America, and possibly other nations. Within the United States, you may freely copy and distribute this work, as no entity (individual or corporate) has a copyright on the body of the work. Scholars believe, and we concur, that this work is important enough to be preserved, reproduced, and made generally available to the public. We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant.
Annual Report of the Council of the Corporation of Foreign Bondholders
Author: Corporation of Foreign Bondholders (London, England)
Publisher:
ISBN:
Category :
Languages : en
Pages : 432
Book Description
Publisher:
ISBN:
Category :
Languages : en
Pages : 432
Book Description
Annual Report - Foreign Bondholders Protective Council, Inc
Author: Foreign Bondholders Protective Council, inc
Publisher:
ISBN:
Category : Bonds
Languages : en
Pages : 386
Book Description
List of members included.
Publisher:
ISBN:
Category : Bonds
Languages : en
Pages : 386
Book Description
List of members included.
British Investments in Latin America, 1822-1949
Author: James Fred Rippy
Publisher: Psychology Press
ISBN: 9780415190084
Category : Business & Economics
Languages : en
Pages : 304
Book Description
First published in 2000. Routledge is an imprint of Taylor & Francis, an informa company.
Publisher: Psychology Press
ISBN: 9780415190084
Category : Business & Economics
Languages : en
Pages : 304
Book Description
First published in 2000. Routledge is an imprint of Taylor & Francis, an informa company.
The Statesman's Year-book
Author: Frederick Martin
Publisher:
ISBN:
Category : Economic geography
Languages : en
Pages : 1628
Book Description
Publisher:
ISBN:
Category : Economic geography
Languages : en
Pages : 1628
Book Description
The Statesman's Year-Book
Author: J. Scott-Keltie
Publisher: Springer
ISBN: 0230270417
Category : Political Science
Languages : en
Pages : 1500
Book Description
The classic reference work that provides annually updated information on the countries of the world.
Publisher: Springer
ISBN: 0230270417
Category : Political Science
Languages : en
Pages : 1500
Book Description
The classic reference work that provides annually updated information on the countries of the world.
The Statesman's Year-Book
Author: M. Epstein
Publisher: Springer
ISBN: 0230270697
Category : Political Science
Languages : en
Pages : 1517
Book Description
The classic reference work that provides annually updated information on the countries of the world.
Publisher: Springer
ISBN: 0230270697
Category : Political Science
Languages : en
Pages : 1517
Book Description
The classic reference work that provides annually updated information on the countries of the world.
Lost Decades: The Making of America's Debt Crisis and the Long Recovery
Author: Menzie D. Chinn
Publisher: W. W. Norton & Company
ISBN: 0393080501
Category : Business & Economics
Languages : en
Pages : 259
Book Description
A clear, authoritative guide to the crisis of 2008, its continuing repercussions, and the needed reforms ahead. The U.S. economy lost the first decade of the twenty-first century to an ill-conceived boom and subsequent bust. It is in danger of losing another decade to the stagnation of an incomplete recovery. How did this happen? Read this lucid explanation of the origins and long-term effects of the recent financial crisis, drawn in historical and comparative perspective by two leading political economists. By 2008 the United States had become the biggest international borrower in world history, with more than two-thirds of its $6 trillion federal debt in foreign hands. The proportion of foreign loans to the size of the economy put the United States in league with Mexico, Indonesia, and other third-world debtor nations. The massive inflow of foreign funds financed the booms in housing prices and consumer spending that fueled the economy until the collapse of late 2008. This was the most serious international economic crisis since the Great Depression of the 1930s. Menzie Chinn and Jeffry Frieden explain the political and economic roots of this crisis as well as its long-term effects. They explore the political strategies behind the Bush administration’s policy of funding massive deficits with foreign borrowing. They show that the crisis was foreseen by many and was avoidable through appropriate policy measures. They examine the continuing impact of our huge debt on the continuing slow recovery from the recession. Lost Decades will long be regarded as the standard account of the crisis and its aftermath.
Publisher: W. W. Norton & Company
ISBN: 0393080501
Category : Business & Economics
Languages : en
Pages : 259
Book Description
A clear, authoritative guide to the crisis of 2008, its continuing repercussions, and the needed reforms ahead. The U.S. economy lost the first decade of the twenty-first century to an ill-conceived boom and subsequent bust. It is in danger of losing another decade to the stagnation of an incomplete recovery. How did this happen? Read this lucid explanation of the origins and long-term effects of the recent financial crisis, drawn in historical and comparative perspective by two leading political economists. By 2008 the United States had become the biggest international borrower in world history, with more than two-thirds of its $6 trillion federal debt in foreign hands. The proportion of foreign loans to the size of the economy put the United States in league with Mexico, Indonesia, and other third-world debtor nations. The massive inflow of foreign funds financed the booms in housing prices and consumer spending that fueled the economy until the collapse of late 2008. This was the most serious international economic crisis since the Great Depression of the 1930s. Menzie Chinn and Jeffry Frieden explain the political and economic roots of this crisis as well as its long-term effects. They explore the political strategies behind the Bush administration’s policy of funding massive deficits with foreign borrowing. They show that the crisis was foreseen by many and was avoidable through appropriate policy measures. They examine the continuing impact of our huge debt on the continuing slow recovery from the recession. Lost Decades will long be regarded as the standard account of the crisis and its aftermath.