Commodity risk management and finance /
The collection of papers brought together in this volume was written to advance knowledge about the demand, pricing, and use of commodity-linked finance. During the 1980s it became obvious that developing countries faced great difficulties in raising external finance and in servicing their external...
| Other Authors: | , |
|---|---|
| Format: | Book |
| Published: |
New York, N.Y. :
Oxford University Press,
1991
|
| Subjects: |
Table of Contents:
- 1. Introduction / Theophilos Priovolos and Ronald C. Duncan
- Pt. 1: The pricing of commodity-linked securities: 2. Experience with commodity-linked issues / Theophilos Priovolos
- 3. The demand for commodity bonds / Moctar A. Fall
- 4. A review of methods for pricing commodity-linked securities / Theophilos Priovolos
- 5. Pricing commodity bonds using binomial option pricing / Raghuram Rajan
- Pt. 2: Commodity contingency in the internal lending of developing countries: 6. Optimal external debt management with commodity-linked bonds / Robert J. Myers and Stanley R. Thompson
- 7. Integrating commodity and exchange rate risk management : implications for external debt management / Stijn Claessens
- 8. Hedging with commodity-linked bonds under price risk and capital constraints / Richard J. Ball and Robert J. Myers
- 9. Financial instruments for consumption smoothing by commodity-dependent exporters / Brian Wright and David Newbery
- 10. Securitizing development finance: the role of partial guarantees and commodity contingency / Ronald Anderson, Christopher Gilbert, and Andrew Powell
- 11. Conclusion / Theophilos Priovolos and Ronald C. Duncan