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Quotation and cultural meaning in twentieth-century music
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ISBN: 0521825091 9780521036580 0521036585 9780521825092 Year: 2003 Volume: *2 Publisher: Cambridge New York Cambridge university press

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Credito e moneta nel mondo romano : atti degli incontri capresi di storia dell'economia antica (Capri 12-14 ottobre 2000)
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ISBN: 8872283183 Year: 2003 Volume: 8 Publisher: Bari Edipuglia

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Credit risk modelling : the cutting-edge collection
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ISBN: 1904339085 9781904339083 Year: 2003 Publisher: London Risk Publications


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The Role of Supervisory tools in Addressing Bank Borrowers' Currency Mismatches
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ISBN: 1462393047 1452705631 1283511517 1451919794 9786613823960 Year: 2003 Publisher: Washington, D.C. : International Monetary Fund,

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Bank borrowers' currency mismatches often result from unhedged foreign currency borrowing in economies where there is significant dollarization, exposing the financial sector to disguised credit risk. In the absence of standard tools or guidelines to counteract this risk, countries have resorted to outright regulatory limits in cases of moderate dollarization and to undesirable exchange controls in other cases. This paper proposes a "specific-to-group" provision rule based on the effective borrowing cost differential between domestic and foreign currency. Such a rule would help internalize the corresponding risks for banks and their borrowers in line with internationally accepted prudential and accounting standards.

Towards a new paradigm in monetary economics
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ISBN: 0521810345 0521008050 0511615205 051105789X 9780521810340 9780521008051 Year: 2003 Publisher: Cambridge : Cambridge University Press,

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Towards a New Paradigm for Monetary Economics presents a pioneer treatment of critical topics in monetary economics. Unlike the prevailing monetary theory, this book focuses not on the role of money in facilitating transactions, but on the role of credit in facilitating economic activities more broadly. The 'new paradigm' emphasizes the demand and supply of loanable funds, which in turn requires the understanding of the imperfections of information and the role of banks. One enlightening view is that credit is quite different from other commodities in the sense that the former is based on information and default risk. The book consists of two parts. The first part develops a basic model of credit based on banks' portfolio choices. The second part is dedicated to the policy implications, among which are the liberalization of financial markets, the East Asian Crisis, the 1991 US recession and the subsequent recovery.

Social foundations of markets, money, and credit
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ISBN: 1138810800 1280024658 0203496701 041531805X 0203601629 0429233574 1134368801 9780203496701 9780415318051 9781134368808 9780429233579 9781138810808 9781280024658 9781134368754 9781134368792 Year: 2003 Publisher: London ; New York : Routledge,

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Where does the power of money come from? Why is trust so important in financial operations? How does the swapping of gifts differ from the exchange of commodities? Where does self-interest stop and communal solidarity start in capitalist economies?These issues and many more are discussed in a rigorous, yet readable, manner in Social Foundations of Markets, Money and Credit. It is shown in particular that capitalist economies are permeated with non-economic characteristics.This carefully argued book will prove interesting and valuable to students and researchers not only in eco

The character of credit : personal debt in English culture, 1740-1914
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ISBN: 0521823420 9780521823425 Year: 2003 Volume: 1 Publisher: Cambridge Cambridge University press

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