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Growth-Linked Securities
By:John Williamson
Published on 2017-11-30 by Palgrave Macmillan

This book provides a detailed and comprehensive synthesis of the literature on growth-linked securities, which are an equity-like method of financing for sovereigns. Based on an idea introduced by Shiller (1993), these securities enjoy growing intellectual support. Momentum in favour of them in policy circles has increased since the global financial crisis of 2007-9 and the subsequent debt crisis in Europe in 2010. This book covers many issues on the topic. After surveying the history of the idea and past experiences of countries that issued growth-linked warrants, chapters examine the pros and cons of this financial instrument from the point of view of issuers and investors. The book also discusses technical issues preventing the broad issuance of growth-linked securities and provides solutions to foster their acceptance by market participants.

This Book was ranked at 20 by Google Books for keyword Monetary economics.

Book ID of Growth-Linked Securities's Books is MjD4swEACAAJ, Book which was written byJohn Williamsonhave ETAG "wYyP+u80Mdk"

Book which was published by Palgrave Macmillan since 2017-11-30 have ISBNs, ISBN 13 Code is 9783319683324 and ISBN 10 Code is 3319683322

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Book which have "129 Pages" is Printed at BOOK under CategoryBusiness and Economics

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