- D. Folkerts-Landau, and Marcel Cassard
- Published Date:
- July 2000
© 2000 International Monetary Fund
Cover design: Massoud Etemadi
Figures: Theodore F. Peters, Jr.
Composition: Julio R. Prego
IMF Graphics Section
Sovereign assets and liabilities management / introd. by Marcel Cassard.—Washington, D.C.: International Monetary Fund, 2000
Papers presented at a conference hosted by the International Monetary Fund and Hong Kong Monetary Authority, held in Hong Kong, November 1996.
Includes bibliographical references
1. Asset-liability management—Congresses. 2. Risk management—Congresses. 3. Debts, External—Congresses. 4. Debts, Public—Congresses. 5. Banks and banking, Central—Congresses. 6. Foreign exchange—Congresses I. Cassard, Marcel. II. International Monetary Fund. III. Hong Kong Monetary Authority.
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Marcel Cassard and David Folkerts-Landau
Michael P. Dooley
Patrick de Fontenay and Philippe Jorion
Louis de Montpellier
Alejandro M. Pilato
Thomas E. Klaffky, Francis D. Glenister, and Judith B. Otterman
Notes on Contributors
The following symbols have been used throughout this book:
… to indicate that data are not available;
— to indicate that the figure is zero or less than half the final digit shown, or that the item does not exist;
– between years or months (for example, 1991-92 or January-June) to indicate the years or months covered, including the beginning and ending years or months;
/ between years or months (for example, 1991/92) to indicate a crop or fiscal (financial) year.
“Billion” means a thousand million; “trillion” means a thousand billion.
Minor discrepancies between constituent figures and totals are due to rounding.
The term “country,” as used in this book, does not in all cases refer to a territorial entity that is a state as understood by international law and practice; the term also covers some territorial entities that are not states, but for which statistical data are maintained and provided internationally on a separate and independent basis.
The success of this seminar volume is owed to the authors of the papers and to the distinguished outside experts who participated in the discussions. In addition, a large number of people made invaluable contributions to this book. Most notably Sheila Kinsella, of the Research Department, gave outstanding and much needed secretarial assistance during the entire production process. Martha Bonilla, of the External Relations Department, provided excellent editorial services, shepherding the work through the production process. At an earlier stage, Jeff Gable provided first rate research assistance.
The opinions expressed in this volume are those of the authors and do not necessarily reflect the views of the IMF, its Executive Directors, or any other policymaking institutions.