Local Currency Financing--The Next Frontier for MDBs?
Hoschka, Tobias C.;
Publisher: Manila: Asian Development Bank (ADB)
Subject: Entwicklungshilfe | Entwicklungsfinanzierung | Internationaler Kredit | Währung
This paper surveys the issues involved in local currency financing by multilateral development banks (MDBs). While MDBs have traditionally provided financing in foreign currency to their borrowers, greater sensitivity by borrowers to potential currency mismatches, polit... View more