Costs and benefits of government borrowing in foreign currency



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Advantages and disadvantages of foreign bank loans

References
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2.Claessens, S., Herring, R. J. and Schoenmaker, D., 2010. A Safer World Financial System: Improving the Resolution of Systemic Institutions. Geneva and London: International Center for Monetary and Banking Studies and Centre for Economic Policy Research.
3. CNB, 2020. Bulletin 261. Zagreb: Croatian National Bank.
4.Constancio, V., 2012. Contagion and the European Debt Crisis. Financial Stability Review, No. 16. Paris: Banque de France.
5.Deskar-Škrbić, M., Kotarac, K. and Kunovac, D., 2019. The Third Round of the Euro Area Enlargement: Are the Candidates Ready. Working Papers, W-57. Zagreb: Croatian National Bank.
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7. Eichengreen, B., Hausmann, R. and Panizza, U., 2003. Currency Mismatches, Debt Intolerance and Original Sin: Why They Are Not the Same and Why it Matters? NBER Working Papers, No. 10036. Cambridge, MA: National Bureau of Economic Research. https://doi.org/10.3386/w10036
8. European Commission, 2020. European Economic Forecast – Spring 2020. Brussels: European Commission.
9.Eurostat, 2020a. Government finance statistics. Bruxelles: Eurostat
10. Federal Deposit Insurance Corporation, 1997. An Examination of the Banking Crises of the 1980s and Early 1990s. Volume 1. Washington, DC: Federal Deposit Insurance Corporation.
11. Honohan, P., 2007. Dollarization and Exchange Rate Fluctuations. World Bank Policy Research Working Papers, No. 4172. Washington, DC: World Bank. https://doi.org/10.1596/1813-9450-4172
12.IMF, 2020b. Monetary and financial statistics. Washington: International Monetary Fund.
13. Swedish National Debt Office, 2019. Guidelines for Central Government Debt Management 2020. Stockholm: Swedish National Debt Office.
14. Ljubaj, I., 2019. Međunarodne pričuve, tečajne razlike i financijski rezultat poslovanja HNB-a. Pregledi, P-45. Zagreb: Hrvatska narodna banka.
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