This edited conference volume provides a rich survey of current scholarly and professional thinking about the state of financial innovations and innovators and their diffusion across national boundaries, as well as the welfare-enhancing implications for firms and nation-states. Like the...

The book examines the theory and practice of foreign exchange risk management. It offers a rigorous set of operational guidelines within which foreign exchange risk can be: Consistently hedged both across different risk situations and over time; Tightly integrated with other types of financial...

Insurance and Reinsurance companies, by underwriting risk portfolios not only across traditional insurance categories but also across national currencies, are assuming a new form of financial risk for which they have not yet developed the necessary risk management tools.