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Titlebook: Challenges at the Bank for International Settlements; An Economist‘s (Re)V Elmar B. Koch Book 2007 Springer-Verlag Berlin Heidelberg 2007 B

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The aftermath of the Russian debt crisis,In August 1998, the Russian Federation floated the rouble and declared a 90-day moratorium on its debts. The ensuing crisis led to a significant depreciation of the rouble and insolvency of most of the Russian banking system.
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Elmar B. KochGives insights into the challenges facing central bankers.Reveals strategy and practice at the Bank of International Settlements (BIS).Comprises hot topics such as central bank governance, insolvency
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Collective action clauses: the way forward, sovereign default. Before the Working Group of the Group of Ten (G10) was set up in the summer of 2002,. no explicit guidelines or framework existed for the formulation of these clauses.. The Working Group’s proposed guidelines gained wide currency with their endorsement by the G10 Finance Minister
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,The successor states of the former Yugoslavia – mediation under Art. 7, Annex C of the Vienna Agreehe financial expert, also called mediator in this note, does not, at this point in time, exclude from consideration any reasonable arguments in supporting an individual country’s position. The starting point for the negotiations is the ‘Agreement on Succession Issues’ signed by all five successor St
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