Oxelheim and Wihlborg tackle the complex system of corporate exposure to international economic risks and they succeed in presenting a unified framework for understanding and coping with international and financial risk management.
From the origins of macroeconomic uncertainty, to the measurement of risk exposures, to the management of risk and the performance evaluation of risk managers, the authors reveal the crucial economic underpinnings of the typical stories of foreign exchange exposure management.
This volume will be a very useful supplement to the standard textbooks on corporate decision-making for students and managers seeking a more sophisticated understanding of international economic and financial risks.