Convention All Academic Convention is the premier solution for your association's abstract management solutions needs. Submission - Custom fields, multiple submission types, tracks, audio visual, multiple upload formats, automatic conversion to pdf. Review - Peer Review, Bulk reviewer assignment, bulk emails, ranking, z-score statistics, and multiple worksheets! Reports - Many standard and custom reports generated while you wait. Print programs with participant indexes, event grids, and more! Scheduling - Flexible and convenient grid scheduling within rooms and buildings. Conflict checking and advanced filtering. Communication - Bulk email tools to help your administrators send reminders and responses. Use form letters, a message center, and much more! Management - Search tools, duplicate people management, editing tools, submission transfers, many tools to manage a variety of conference management headaches! Click here for more information.
Association: Name: International Studies Association 48th Annual Convention URL: http://www.isanet.org
Citation: URL: http://www.allacademic.com/meta/p180111_index.html Direct Link: HTML Code:

Hardie, Iain. "Who Owns Your Debt Matters: Domestic Commercial Bank Buying of Government Debt and Emerging Market Government Policy Autonomy" Paper presented at the annual meeting of the International Studies Association 48th Annual Convention, Hilton Chicago, CHICAGO, IL, USA, Feb 28, 2007 <Not Available>. 2009-05-24 <http://www.allacademic.com/meta/p180111_index.html>

Hardie, I. , 2007-02-28 "Who Owns Your Debt Matters: Domestic Commercial Bank Buying of Government Debt and Emerging Market Government Policy Autonomy" Paper presented at the annual meeting of the International Studies Association 48th Annual Convention, Hilton Chicago, CHICAGO, IL, USA Online <PDF>. 2009-05-24 from http://www.allacademic.com/meta/p180111_index.html

Publication Type: Conference Paper/Unpublished Manuscript Abstract: This paper considers the implications of different investor types owning international bonds issued by emerging market governments for those governments? policy autonomy. IPE has generally underemphasised both the heterogeneity of investors and the importance of domestic investors. This study examines three countries as case studies: Brazil, Lebanon and Turkey. It utilises interviews with government officials, regulators and domestic investors in the countries, as well as with a wide variety of international investors. The data are used to examine the contrast between the interests of the different types of investors, and the ways in which these, and differences in accounting or performance measurement and regulation, have an impact on investment decisions. In particular, the paper focuses on the role of domestic banks as investors in, and traders of, their government?s international debt. It concludes that domestic banks play a variety of different roles in the market for government debt, but have, on balance, a longer term perspective than other investor types, both international and domestic, and take a more ?holistic? approach to their investment decisions, considering factors beyond the merits of an individual bond. It also demonstrates the ways in which banks can be more easily regulated by governments in ways that increase the likelihood of investment in government debt. The result is an increase in government?s ability to borrow, and a reduction in the cost of that borrowing, and thus an increase in government autonomy. Furthermore, by contrasting the three countries studied, the paper demonstrates how different stages in the development of a domestic financial system have implications for the degree of policy autonomy governments enjoy.

Veto Players and Sovereign Debt: Do Veto Players help Leftist Governments Restore Investor Confidence in Sovereign Debt Markets?

It Takes Two to Tango: International Organizations, Domestic Governments and Central Bank Autonomy in Emerging Markets

When Hedge Funds Govern: Assessing the Constraint on Emerging Market Governments Imposed by Different Types of International Investors