Commodity Risk Management and Finance - Hardcover

Priovolos, Theophilos

 
9780195208672: Commodity Risk Management and Finance

Synopsis

Although commodity-linked finance has expanded rapidly in recent years, it has mainly been confined to industrialized countries. In this book, the authors argue that commodity-linked financial measures have important advantages in the external financing of developing countries over traditional alternatives of foreign-currency-dominated, general obligation borrowing or direct foreign investment. They also offer a number of ways in which the World Bank can help Third World countries to reduce their debt and manage their financial risk.

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