Sovereign Asset and Liability Management in Emerging Market Countries: The Case of Uruguay
Download or Read eBook Sovereign Asset and Liability Management in Emerging Market Countries: The Case of Uruguay PDF written by André Amante and published by International Monetary Fund. This book was released on 2019-12-27 with total page 40 pages. Available in PDF, EPUB and Kindle.
| Author | : André Amante |
| Publisher | : International Monetary Fund |
| Total Pages | : 40 |
| Release | : 2019-12-27 |
| ISBN-10 | : 9781513525143 |
| ISBN-13 | : 151352514X |
| Rating | : 4/5 (43 Downloads) |
Book Synopsis Sovereign Asset and Liability Management in Emerging Market Countries: The Case of Uruguay by : André Amante
Book excerpt: This paper provides an overview of the strategic and operational issues as well as institutional challenges, related to the implementation of the Sovereign Asset and Liability Management (SALM) approach. Application of an SALM framework allows the authorities to identify and monitor sovereign exposure mismatches; increase resilience to foreign currency and interest rate risks; and thus, strengthen financial stability; and implement more cost-effective management of the public-sector debt. The analysis is based on emerging market (EM) countries and illustrated by the experience of Uruguay, using data as of end-2017.
