The Management of Risk in Developing Country Finance

Powell, Andrew

doi:10.1093/oxrep/5.4.69

Cited by 10 publications

(7 citation statements)

References 27 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…2 The first wave runs from 1980 to 1995, including the lost decade of the 1980s and the 1994-1995 Tequila crisis. The second wave started in late 1996 and encompassed (Powell, 1989;Kose et al, 2021).…”

Section: Sovereign Debt Waves In Latin America and The Caribbeanmentioning

confidence: 99%

Dealing with Debt: Less Risk for More Growth in Latin America and the Caribbean

Powell,

Valencia

2023

View full text Add to dashboard Cite

Debt has risen around the world, and Latin America and the Caribbean is no exception. Total debt has grown to US$5.8 trillion, or 117 percent of GDP, for the region and as much as 140 percent of GDP for its five largest economies. Public debt soared to over 70 percent of GDP during the pandemic, and corporates issued substantial amounts to survive the crisis. While the spending that led to this debt helped the region weather the pandemic, it is now weighing down the economy. This book examines the rise in debt in Latin America and the Caribbean and offers recommendations to policymakers to ensure debt is used wisely, avoid the harmful impacts, manage high debt levels well, and bring down debt where it is too high. It is hoped that the analyses and policy suggestions in this volume contribute to successfully confronting the challenges, lowering risk, boosting growth, and improving living standards across the region and beyond.

show abstract

Section: Sovereign Debt Waves In Latin America and The Caribbeanmentioning

confidence: 99%

Dealing with Debt: Less Risk for More Growth in Latin America and the Caribbean

Powell,

Valencia

2023

View full text Add to dashboard Cite

show abstract

“…Although these markets have developed significantly in recent years, economists have for some time wondered why they still remain so incomplete (short horizon), and why the existing instruments are not used to a larger extent (see, e.g., Ricardo J. Caballero and Kevin N. Cowan (2007), Torbjorn Becker, Olivier Jeanne, Paolo Mauro and Romain Rancière (2007) and Andrew Powell (1989)). Figure 1 The risk premium is computed as the average ex-post forecast error over the sample period.…”

Section: Stylized Factsmentioning

confidence: 99%

Macro-Hedging for Commodity Exporters

2009

View full text Add to dashboard Cite

“…Banking risk management aspects are the object of the study made by A. Powell, with applications referring to countries which are implied in a development process [A. Powell, 1989]. Following this study, the author, collectively [V. Balzarotti , M. Falkenheim, 2002], made it more complete, taking into consideration the risk issue and the capital adequacy related to banking field, taking as case study Argentina and its financial crisis.…”

Section: Theoretical Backgroundmentioning

confidence: 99%

Capital Adequacy In The Romanian Banking System

Socol¹

2008

JASO

View full text Add to dashboard Cite

The purpose of this paper is to studying the existing national and international criteria and methodologies related to the banking capitals measurement. We examine the minimum requirements for banking capital and the actual status of Romanian banks in terms of solvency ratio. The paper analyzes the risk-based capital ratios through a case study at the level of a banking society from Romania. We quantify the capital charges by reference to the regulatory capital expressed as a percentage of total risk-weighted assets and by reference to the Tier 1 capital expressed as a percentage of risk-weighted assets. Our research reveals that the level of capitalization is relevant for the ability of banks to absorb the losses generated by either exogenous shocks induced by the domestic and international macroeconomic environment, or by the inappropriate management of the endogenous risks associated with banking activity.

show abstract

The Management of Risk in Developing Country Finance

Cited by 10 publications

References 27 publications

Dealing with Debt: Less Risk for More Growth in Latin America and the Caribbean

Dealing with Debt: Less Risk for More Growth in Latin America and the Caribbean

Macro-Hedging for Commodity Exporters

Capital Adequacy In The Romanian Banking System

Contact Info

Product

Resources

About