This volume, edited by David Folkerts-Landau and Marcel Cassard, consists of papers presented at a conference held in Hong Kong SAR that was hosted by the IMF a

In an environment of sizable and volatile capital flows and integrated international capital markets, large and unhedged net external sovereign liabilities expo

Country practices towards managing financial risks on a sovereign balance sheet continue to evolve. Each crisis period, and its legacy on sovereign balance shee

In an environment of sizable and volatile capital flows and integrated international capital markets, large and unhedged net external sovereign liabilities expo

Ample natural resource revenues create both opportunities and challenges for a sovereign to transform its natural resources into well-managed financial assets.