Up from sin : a portfolio approach to financial salvation
Dodd, Randall
Up from sin : a portfolio approach to financial salvation - New YorkUS UN 2005 - ix, 21 p.
Suggests ways of raising capital in international markets by forming diversified portfolios of emerging market local currency debt issued by sovereign governments. Analyzes the implications of deploying such a policy for attracting capital to developing countries, the impact on the stability of their financial systems and on their costs of borrowing, and the implications for future development of local capital markets.
11.03.03 D639
Up from sin : a portfolio approach to financial salvation - New YorkUS UN 2005 - ix, 21 p.
Suggests ways of raising capital in international markets by forming diversified portfolios of emerging market local currency debt issued by sovereign governments. Analyzes the implications of deploying such a policy for attracting capital to developing countries, the impact on the stability of their financial systems and on their costs of borrowing, and the implications for future development of local capital markets.
11.03.03 D639