Gresham College Lectures

Can a country take out financial insurance against macro-risks like currency instability or global terrorism?

• Gresham College

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0:00 | 42:26
Many countries are vulnerable to external shocks such as a spike in oil prices, a drop in a competitor's currency or a collapse in world-wide tourism following a terrorist attack somewhere else. * Can governments hedge their economies against these risks using financial instruments in the same...

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