An asset and liability management framework for managing risks arising from sovereign foreign exchange obligations requires a joint analysis of (i) the external financial liabilities resulting from a country's...
The role of private philanthropic foundations in international development has drawn significant public attention over the past year, much of it centered on Warren Buffett's donation of $31 billion to...
The globalization of corporate finance also points to other challenges. As emerging-market corporations have expanded their international operations, they have increased their exposure to interest rate...