The paper considers modern frameworks of public debt management from a credibility perspective. It focuses on the institutional and operational arrangements of effective debt management. In particular, the author seeks to shed light upon the contemporary problems of Czech debt manager compared...

Commercial-bank risk management is fundamental in determining bank profitability, or indeed bank failure. Capital adequacy is widely considered the final safeguard of a bank?s solvency. Capital adequacy has been regulated chiefly according to the framework put forward by the Basel Committee on...