Using warehouse receipts in developing and transition economies. (includes related article on the usage of warehouse receipts in the US): An article from: Finance & Development

by Richard Lacroix, Panos Varangis

List Price:	~~$5.95~~
Amazon Price:	$5.95 & eligible for FREE Super Saver Shipping on orders over $25.
Lowest New Price:	$5.95
Availablitiy:	Available for download now

Editorial Reviews
Product Description
This digital document is an article from Finance & Development, published by International Monetary Fund on September 1, 1996. The length of the article is 3252 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.

From the supplier: Warehouse receipts are negotiable instruments backed by the underlying commodities. They are crucial to the marketing and financial systems of many developed countries since these instruments help improve the efficiency of markets. Since they can be traded, sold, swapped, used as collateral for borrowing, or accepted for delivery against a derivative instrument, warehouse receipts are considered to be an important addition to the store of negotiable instruments in a country's financial sector. However, despite the usefulness of these receipts, their use in transition and developing economies is limited by institutional and structural shortcomings. These include the absence of an appropriate legal, regulatory and institutional environment to support a system of warehouse receipts; the lack of incentives for the development of a private storage industry; and the limited familiarity of the commercial community with these instruments.

Citation Details
Title: Using warehouse receipts in developing and transition economies. (includes related article on the usage of warehouse receipts in the US)
Author: Richard Lacroix
Publication: Finance & Development (Magazine/Journal)
Date: September 1, 1996
Publisher: International Monetary Fund
Volume: v33 Issue: n3 Page: p36(4)

Distributed by Thomson Gale

Price is accurate as of the date/time indicated. Prices and product availability are subject to change. Any price displayed on the Amazon website at the time of purchase will govern the sale of this product.