In this sophisticated yet accessible analysis of the open economies of Sub-Saharan Africa, Jean-Paul Azam examines the informal as well as the formal institutional frameworks which prevail in different African countries and which affect their macroeconomic behaviour.
The studies in this book deal with the determination of foreign exchange rates and the characteristics of the foreign exchange market. Analysis is made of flexible exchange rates through an approach developed by the authors, called the 'asset-market approach'. Theory is combined…
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 international currency exposure at the country level with important economic …
The foreign currency denomination of contracts in international transactions can lead to 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, exchan…
The foreign currency denomination of contracts in international transactions can lead to 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, exchan…
Issues in debates about foreign currency exposure -- the denomination of liabilities or assets in foreign currency.
