Hedging Commodity Export Earnings with Futures and Option Contracts

Autor:	Joseph Ntamatungiro
Rok vydání:	1991
Předmět:	Earnings Financial economics Commodity Production (economics) Forward market Spot market Business Hedge (finance) Commodity pool Futures contract
Zdroj:	Commodity, Futures and Financial Markets ISBN: 9789401054829
DOI:	10.1007/978-94-011-3354-8_2
Popis:	Less Developed Countries (LDCs) are subject to variability of the income they derive from exportation of primary commodities. The associated risk arises from the variability of both prices and production. Fluctuating export earnings curtail LDCs’ economic growth especially when a limited number of goods is exported. This paper proposes futures and option contracts as efficient hedging instruments.
Databáze:	OpenAIRE
Externí odkaz:	https://explore.openaire.eu/search/publication?articleId=doi_________::421e2ce2b5a20022dc22190f5d743297 https://doi.org/10.1007/978-94-011-3354-8_2 Zobrazit plný text záznamu