𝔖 Bobbio Scriptorium
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Indirect currency substitution: A structural approach

✍ Scribed by Bob M. Traa


Book ID
116099798
Publisher
Elsevier Science
Year
1985
Tongue
English
Weight
284 KB
Volume
18
Category
Article
ISSN
0165-1765

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## Abstract Starting from the constraints and incentives that cause countries to issue debt in foreign currency, this paper provides an overview of policy approaches for choosing the optimal currency structure of sovereign foreign‐currency debt. The objective of sovereign debt managers generally in