Managing Risk for Development : International Risk Sharing
This study reports that numerous direct and indirect international risk-sharing mechanisms exist, including (1) self-insurance at the state level, (2) market-based tools, (3) international labor mobility, (4) implicit hedges provided by macroeconomic flexibility, and (5) transfers and access to cred...
Main Authors: | Aizenman, Joshua, Ötker-Robe, İnci |
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Format: | Working Paper |
Language: | en_US |
Published: |
World Bank, Washington, DC
2013
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Subjects: | |
Online Access: | http://hdl.handle.net/10986/16331 |
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