Series: IMF Working Papers
Author(s): Marcel Cassard , and D. Folkerts-Landau
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 December 1997
Keywords: Sovereign Debt Management, Reserves Management, debt management, central bank, currency debt, currency composition, public debt
In an environment of sizable and volatile capital flows and integrated international capital markets, large and unhedged net external sovereign liabilities expose countries to swings in international asset prices a...