Using derivatives for hedging currency volatility risk.Hedging currency risk.Hedge is the way to reduce risk or volatility. Formally, hedging can be expressed as the taking of a position, acquiring a cash flow, an asset, or a contract that will rise in value and offset a fall in the value of an existing position. (Eiteman, David… Continue reading Currency Hedge
Author: rocker8942
Exchange Rate Regime and Theory
Exchange Rate RegimesExchange rate regimes are divided into 7 categories according to IMF’s classification. These are as follows.- Exchange arrangements with no separate legal tender; EU,- Currency board arrangements- Other conventional fixed peg arrangements- Pegged exchange rates within horizontal bands- Crawling pegs- Exchange rates within crawling bands- Managed floating with no predetermined path for the… Continue reading Exchange Rate Regime and Theory
Comparative Summary of UN and Arnett
The world has become much closer than in the past and the countries depend on each other. This interdependence is referred to as globalization in which the countries are connected together not only economically but also culturally. This cultural globalization is generally dominated by Western, developed countries through the global media which spreads the ideology… Continue reading Comparative Summary of UN and Arnett
what constitutes the ‘global culture’ including the role of the global media
The UN, in Chapter 11 ‘Young People in a Globalising World’ of the World Youth Report 2003, explains what constitutes the ‘global culture’ including the role of the global media, and argues that the impact of global culture is negative on young people. The UN states that the wide spread of global culture is accompanied… Continue reading what constitutes the ‘global culture’ including the role of the global media
Can biz groups’ecological modernization solove global warming problems
In the industrialized modern society, there are many problems which are caused by high reliance on development of technology. Urban sprawl, fast expansion of the modern cities beyond suburbs, is encouraged by the development of new technology, the invention of automobiles. There are many solutions relying on the development of technology to resolve problems resulted… Continue reading Can biz groups’ecological modernization solove global warming problems