Managing Volatility in Low-Income Countries - The Role and Potential for Contingent Financial Instruments »
Series: Policy Papers
Author(s): International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 31 October 2011
Keywords: External financing, External shocks, Financial instruments, Fund role, Low-income developing countries, Risk management, World Bank, Financial crises, Financial management, Economic stabilization
The paper examines the case for contingent financial instruments for low-income countries (LICs), from both the market and official sector. These include commodity price hedging instruments, contingent debt instrum...