Cross-border Exposures and Country Risk [Paperback]Assessment and Monitoringby Thomas E. Krayenbuehl
Usually ships within 12 to 14 working days Description of Cross-border Exposures and Country RiskThe international financial system has come under strain several times in recent years, and analysis has shown that most crises originated from the risks built into cross-border exposures. Assessment and monitoring of cross-border exposures and country risk are essential activities for international lending agencies such as government bodies, banks, multinational corporations and other investors. Inadequate risk management could have a destabilising effect on both lender and borrower and could result in a major international financial crisis. This completely revised edition of Thomas E Krayenbuehl's classic handbook clearly shows how the various players can quantify and manage the complex factors involved in order to minimise the risk and avoid potentially catastrophic consequences. It provides both a rigorous analysis of the current situation and a guide to meeting the challenges of the future. Just some of the things you'll discover...How to succeed in cross-border lending and investment through good assessment, monitoring and hedging of country risk How the Tequila and Asian crises came about, and the lessons learned The likelihood of future crises and the potential causes The latest problems to beset the international financial system The recent developments in cross-border financing Why the problem of contagion occurs between seemingly unrelated markets The enormous need for global capital to bring about sustainable economic development in the developing world, and the role of the major players in fulfilling it The numerous factors that constitute and influence a specific country risk The responsibilities of all the parties involved, from the IMF and the World Bank to the industrialised and developing nations, the regulators and the rating agencies How this study helps you: This lucid and authoritative handbook will help you to: Understand the problems facing the international financial system Identify and assess new investment opportunities Optimise risk composition of cross-border lending or investment Make sound decisions, minimise risk and achieve better outcomesTitle Information
Write a review of this book Customer Reviews from AmazonAbout Thomas E. KrayenbuehlAfter graduating as a Doctor of Law in 1961, Thomas E Krayenbuehl began a career that has involved him in banking and financial control and management in the USA, Switzerland and Germany. In 1998 he retired from Union Bank of Switzerland, now UBS AG. At UBS his responsibilities were always associated with business development and risk management in the developing world. He is now an independent consultant working for, among others, the International Finance Corporation in Washington and the Swiss Government on projects in the developing world.Contents of Cross-border Exposures and Country RiskBackground and recent developmentsThe growth of cross-border exposure Infrastructure 4 Domestic savings Capital imports General aspects Transfer risks Political risks Portfolio approach Monitoring country developments and exposures Foreign exchange hedging Investment protection agreements The role of the IMF The countries The investor The rating agencies Conclusions Outlook |
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