Commodity Risk Management and Finance
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.
- Hardback | 185 pages
- 162.05 x 241.3 x 17.78mm | 453.59g
- 18 Jul 1991
- Oxford University Press Inc
- New York, United States
- 15 line figures, 13 tables