Other People's Money: Debt Denomination and Financial Instability in Emerging Market Economies (Hardback)Barry J. Eichengreen (author)
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Publisher: The University of Chicago Press
Number of pages: 304
Weight: 526 g
Dimensions: 238 x 165 x 23 mm
Edition: 2nd ed.
"Other People's Money asks why some countries issue debt mostly in a foreign currency and therefore expose their balance sheets to the ebbs and flows of international finance. The essays approach the subject from multiple angles and are sure to be of interest to policymakers and sophisticated practitioners alike. Barry Eichengreen and Ricardo Hausmann wrap it up with a creative proposal that will no doubt stimulate lots of further discussion. The book is a must for those who care about instability in global finance."--Arminio Fraga"Arminio Fraga" (10/05/2004)