분야
ppt2.Foreign debt management
3.External Debt Management in Korea
4.Recent external debt management in Korea
5.Examples of dept problem countries
6.Proposal for Greek crisis
money owed to private commercial banks, other governments, or international financial institutions such as the IMF and World Bank
Foreign debt management
1) Risk management
currency and interest rate movements
frequent commodity price fluctuations
The debt crises of the early 1980’s
oil price hikes leading to a surge in the import bill of non-oil producing countries, a global recession eroding export earnings, rising interest rates and the appreciation of the United States dollar, adding to the burden of repayment on dollar loans
accentuated by the predominance of short-maturity debt contracted at variable interest rates
1) Risk management
appropriate risk management techniques as well as a policy framework that supports the development of derivative markets with such instruments as forwards, swaps and options for risk management