Author: Thomas Krayenbuehl
Publisher: Woodhead Publishing
ISBN: 9781855735125
Category : Business & Economics
Languages : en
Pages : 222
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Book Description
The international financial system has come under strain several times in recent years, and analysis has shown that most crises originated from the risks built into cross-border exposures. Assessment and monitoring of cross-border exposures and country risk are essential activities for international lending agencies such as government bodies, banks, multinational corporations and other investors. Inadequate risk management could have a destabilising effect on both lender and borrower and could result in a major international financial crisis. This completely revised edition of Thomas E Krayenbuehl's classic handbook clearly shows how the various players can quantify and manage the complex factors involved in order to minimise the risk and avoid potentially catastrophic consequences. It provides both a rigorous analysis of the current situation and a guide to meeting the challenges of the future. Just some of the things you'll discover. How to succeed in cross-border lending and investment through good assessment, monitoring and hedging of country risk How the Tequila and Asian crises came about, and the lessons learned The likelihood of future crises and the potential causes The latest problems to beset the international financial system The recent developments in cross-border financing Why the problem of contagion occurs between seemingly unrelated markets The enormous need for global capital to bring about sustainable economic development in the developing world, and the role of the major players in fulfilling it The numerous factors that constitute and influence a specific country risk The responsibilities of all the parties involved, from the IMF and the World Bank to the industrialised and developing nations, the regulators and the rating agencies How this study helps you: This lucid and authoritative handbook will help you to: Understand the problems facing the international financial system Identify and assess new investment opportunities Optimise risk composition of cross-border lending or investment Make sound decisions, minimise risk and achieve better outcomes The definitive study of this important topic - its purpose, practice and implications
Author: Thomas E. Krayenbuehl
Publisher:
ISBN:
Category : Country risk
Languages : en
Pages : 212
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Book Description
Author: Daniel Wagner
Publisher: CRC Press
ISBN: 1466558954
Category : Business & Economics
Languages : en
Pages : 310
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Book Description
What would you do if a law that enabled your investment to operate successfully abroad suddenly changed, and your business could no longer operate profitably there? Imagine exporting goods to a government buyer only to discover after the fact that your home country, or the United Nations, has just imposed an embargo on that country. Managing Countr
Author: The Economist
Publisher: The Economist
ISBN: 1610394879
Category : Business & Economics
Languages : en
Pages : 289
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Book Description
Country risk explains the things that can go wrong when business is conducted across borders. It's not just multinational companies, with factories worldwide and complex operations, that need to understand sudden changes in business conditions. These can affect any small firm that may be looking to expand sales abroad or work with a foreign supplier. The 2008-09 global financial crisis and the Arab Spring showed us how quickly and dramatically business conditions in any country can worsen and spread. But a thorough understanding and careful management of country risk will help a company survive a crisis -- and even open up new opportunities. The Economist Guide to Country Risk explains: What risks foreign investors face, and how to measure and manage them in a systematic way. Why political and economic shocks are so hard to predict. Where economies are vulnerable and how existing risk models spot (or miss) signs of impending disaster. The typical bad habits of managers who ignore the warning signs. How and where the next crisis will emerge.
Author: Luciana Juvenal
Publisher: International Monetary Fund
ISBN: 1513525379
Category : Business & Economics
Languages : en
Pages : 67
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Book Description
This paper provides a dataset on the currency composition of the international investment position for a group of 50 countries for the period 1990-2017. It improves available data based on estimates by incorporating actual data reported by statistical authorities and refining estimation methods. The paper illustrates current and new uses of these data, with particular focus on the evolution of currency exposures of cross-border positions.
Author: Ronald L. Solberg
Publisher: Routledge
ISBN: 1134898428
Category : Business & Economics
Languages : en
Pages : 337
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Book Description
Country-Risk Analysis is a comprehensive, practical guide to the management of international risk and cross-border lending. The last fifteen years of international commercial bank lending have witnessed a classical boom-and-bust cycle. Yet it is only recently that a formalized approach to country risk assessment has been implemented in the major international banks. Ron Solberg's volume provides a state-of-the-art review of the country risk techniques that have evolved in the context of dramatic changes in developing countries' debt service capacity and in international lending itself. It deals comprehensively with sovereign credit decision making, portfolio management, lending behaviour and financial innovations.
Author: Roman Matousek
Publisher: Cambridge University Press
ISBN: 1108898173
Category : Business & Economics
Languages : en
Pages : 101
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Book Description
This Element provides a detailed overview of the structural changes in the Asia-Pacific region from the early 2000s onwards. It reviews the most relevant literature on this important topic. The following two research areas are explored: first, by deploying visual network analysis (VNA), we analyse cross-border interbank claims and liabilities of the individual countries located in the Asia-Pacific region. Such an analysis evaluates interbank exposures to systematically important banks within the specific market. The important advantage of VNA is that it allows us to examine the 'hierarchical' cross-country interbank contagion risk that seems to have been neglected in similar studies. Secondly, we evaluate the contagion risk to the individual countries spreading from the financial centres in Hong Kong, Singapore, Tokyo, New York and London. The analysis unveils links and statistical factors that could be used as a key tool for detecting the potential triggers of systemic risk.
Author: Mr.Giovanni Dell'Ariccia
Publisher: International Monetary Fund
ISBN: 1484359623
Category : Business & Economics
Languages : en
Pages : 54
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Book Description
This paper reviews empirical and theoretical work on the links between banks and their governments (the bank-sovereign nexus). How significant is this nexus? What do we know about it? To what extent is it a source of concern? What is the role of policy intervention? The paper concludes with a review of recent policy proposals.
Author: Mr.Ashvin Ahuja
Publisher: International Monetary Fund
ISBN: 1484302567
Category : Business & Economics
Languages : en
Pages : 28
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Book Description
Assessing country risk is a core component of surveillance at the IMF. It is conducted through a comprehensive architecture, covering both bilateral and multilateral dimensions. This note describes some of the approaches used internally by Fund staff to examine a wide array of systemic risks across advanced, emerging, and low-income economies. It provides a high-level view of the theory and methodologies employed, with an on-line companion guide providing more technical details of implementation. The guide will be updated as Fund staff’s methodologies for assessing country risk continue to evolve with experience and feedback. While the results of these approaches are not published by the IMF for market sensitivity reasons, they inform risk assessments featured in bilateral surveillance as well as in the IMF’s flagship publications on global surveillance.
Author: Marco A Espinosa-Vega
Publisher: International Monetary Fund
ISBN: 1455200646
Category : Business & Economics
Languages : en
Pages : 29
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Book Description
Effective cross-border financial surveillance requires the monitoring of direct and indirect systemic linkages. This paper illustrates how network analysis could make a significant contribution in this regard by simulating different credit and funding shocks to the banking systems of a number of selected countries. After that, we show that the inclusion of risk transfers could modify the risk profile of entire financial systems, and thus an enriched simulation algorithm able to account for risk transfers is proposed. Finally, we discuss how some of the limitations of our simulations are a reflection of existing information and data gaps, and thus view these shortcomings as a call to improve the collection and analysis of data on cross-border financial exposures.
