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Books > Business & Economics > Finance & accounting > Finance > Banking
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Risk Management for Central Banks and Other Public Investors (Paperback)
Loot Price: R1,933
Discovery Miles 19 330
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Risk Management for Central Banks and Other Public Investors (Paperback)
Expected to ship within 12 - 19 working days
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Domestic and foreign financial assets of all central banks and
public wealth funds worldwide are estimated to have reached more
than 12 trillion US dollars in 2007. How do these institutions
manage such unprecedented growth in their financial assets and how
have they responded to the 'revolution' of risk management
techniques during the last two decades? This book surveys the
fundamental issues and techniques associated with risk management
and shows how central banks and other public investors can create
better risk management systems. Each chapter looks at a specific
area of risk management, first presenting general problems and then
showing how these materialize in the special case of public
institutions. Written by a team of risk management experts from the
European Central Bank, this much-needed survey is an ideal resource
for those concerned with the increasingly important task of
managing risk in central banks and other financial institutions.
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