 | Reducing Dollarization in the Caucasus and Central Asia Author/Editor: Selim Cakir, Maria Atamanchuk, Mazin Al Riyami, Nia Sharashidze, Nathalie Reyes. Release Date:July, 2022 Declining but still high dollarization rates in the Caucasus and Central Asia (CCA) region affect macroeconomic stability, monetary policy transmission, and financial sector development. Although more...
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| Sukuk vs. Eurobonds : Is There a Difference in Value-at-Risk? Author/Editor: Faezeh Raei, Selim Cakir. Release Date:October, 2007 This paper assesses the impact of bonds issued according to Islamic principles (Sukuk), on the cost and risk structure of investment portfolios by using the Value-at-Risk (VaR) framework. The market more...
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