Commodity risk management and finance
Author(s)
Bibliographic Information
Commodity risk management and finance
Published for the World Bank [by] Oxford University Press, c1991
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Note
Bibliographiy: p. 157-167
Includes index
Description and Table of Contents
Description
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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