International Currency Exposure (Record no. 25519)

MARC details
000 -LEADER
fixed length control field 01956nam a22001697a 4500
020 ## - INTERNATIONAL STANDARD BOOK NUMBER
ISBN 9780262036405
082 ## - DEWEY DECIMAL CLASSIFICATION NUMBER
Classification number 658.1524
Item number INT-
245 ## - TITLE STATEMENT
Title International Currency Exposure
260 ## - PUBLICATION, DISTRIBUTION, ETC. (IMPRINT)
Place of publication Cambridge
Name of publisher The MIT Press
Year of publication 2017
300 ## - PHYSICAL DESCRIPTION
Number of Pages vii, 313p
440 ## - SERIES STATEMENT/ADDED ENTRY--TITLE
Title CESifo Seminar Series Clemens Fuest
520 ## - SUMMARY, ETC.
Summary, etc Issues in debates about foreign currency exposure--the denomination of liabilities or assets in foreign currency. The foreign currency denomination of contracts in international transactions can lead to the international currency exposure at the country level with important economic and policy implications. When debts are denominated in foreign currency and revenues in domestic currency, exchange rate fluctuations can result in balance sheet effects for countries with either net asset or liability positions. Moreover, currency mismatch between assets and liabilities can be a cause for crises in developing and emerging economies. This book looks at the issues surrounding foreign currency exposure in today's increasingly integrated world economy.<br/><br/>The contributors draw on cross-country as well as country-specific data. They consider international currency risk after the Swiss franc ended its one-sided peg with the euro, for example, and the foreign exchange positions of firms in Turkey and Russia. Other contributors take macroeconomic perspectives, examining the potential effects of exchange rate realignment, the pressure to appreciate on countries with current account surpluses, and the currency exposure in international trade. Finally, contributors consider the issue from finance and political economy perspectives, addressing the phenomenon of the forward premium puzzle and discussing geopolitical aspects ascending currencies.<br/>
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical Term Foreign exchange rates
Form subdivision Currency crises
-- International finance
700 ## - ADDED ENTRY--PERSONAL NAME
Personal name Cheung, Yin-Wong
700 ## - ADDED ENTRY--PERSONAL NAME
Personal name Westermann, Frank
942 ## - ADDED ENTRY ELEMENTS (KOHA)
Source of classification or shelving scheme Dewey Decimal Classification
Koha item type Books
Holdings
Withdrawn status Lost status Damaged status Not for loan Home library Current library Date acquired Source of acquisition Bill Date Full call number Accession Number Price effective from Koha item type
        NASSDOC Library NASSDOC Library 25/03/2019 OP 2019-03-25 658.1524 INT- 50404 25/03/2019 Books