Contingent Liability Management: A Study on India: v. 2 (Debt Management Series) - Softcover

Das, Tarun; Bisen, Anil; Nair, M.R.; Kumar, Raj

Softcover

ISBN 10: 0850927099 ISBN 13: 9780850927092

Publisher: Commonwealth Secretariat, 2002

Synopsis

The sharp increase in the contingent liabilities of many developing countries in recent years and its possible implications has prompted a rethink in the way governments quantify their financial burdens. This publication looks at some of the issues germane to the identification, monitoring and valuation of external sector contingent liabilities of India. By focusing mostly on external-sector related contingent liabilities that involve possible financial transactions with non-residents, the document defines a framework for use in quantifying contingent liabilities, which can be adapted to other countries. This publication is the second in a series produced by the Commonwealth Secretariat on debt and debt related issues.

About this title

Synopsis

There is a need for countries to develop a system to monitor contingent liabilities in order to avoid financial crisis. This report explores some of the issues surrounding the identification, monitoring and valuation of external-sector related contingent liabilities. It focuses on those that involve possible financial transactions with non-residents in India, developing a framework that can be used by other countries.

Edition details

• Publisher: Commonwealth Secretariat
• Publication date: 2002
• ISBN 10: 0850927099
• ISBN 13: 9780850927092
• Binding: Paperback
• Language: English
• Number of pages: 88