Foreign exchange swap and Mesoeconomics: Difference between pages

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imported>Doug Williamson
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imported>Doug Williamson
(Slight rewording to make description clearer)
 
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A transaction which solely involves:
A relative neologism, it considers institutional aspects of the economy not captured in the more usual micro- and macro-economy analyses.


It would include, for example, industry-level studies.


(A) An exchange of two different currencies
It also considers the linkages, formal or informal, between agents - whether persons or social constructs (family, tribes, partnerships, markets, civil or social institutions, etc.). It also looks at agents, for example banks or financial institutions that may otherwise be assumed and disregarded but have actual agency themselves.
#on a specific date
#at a fixed foreign exchange rate which is pre-agreed at the outset of the contract; and


In this way it may help consideration of how theories developed for the micro level may influences the macro levels of the economy.


(B) A reverse exchange of the same two currencies
Sometimes written as meso-economics.
#on a later pre-specified date
#at a fixed exchange rate which is usually different and which is also pre-agreed at the outset of the contract.




The uses of foreign exchange swap contracts include the transformation of short term borrowings or deposits from one currency into another.
The ''meso'' part of the term means a level in between micro- and macro-economics.  
 
Not to be confused with a [[Swap]], which is different.




== See also ==
== See also ==
* [[Foreign exchange]]
* [[Economics]]
* [[Swap]]
* [[Macroeconomics]]
* [[Microeconomics]]
* [[Metaeconomics]]


[[Category:Manage_risks]]
[[Category:Financial_management]]
[[Category:The_business_context]]

Revision as of 09:19, 7 April 2015

A relative neologism, it considers institutional aspects of the economy not captured in the more usual micro- and macro-economy analyses.

It would include, for example, industry-level studies.

It also considers the linkages, formal or informal, between agents - whether persons or social constructs (family, tribes, partnerships, markets, civil or social institutions, etc.). It also looks at agents, for example banks or financial institutions that may otherwise be assumed and disregarded but have actual agency themselves.

In this way it may help consideration of how theories developed for the micro level may influences the macro levels of the economy.

Sometimes written as meso-economics.


The meso part of the term means a level in between micro- and macro-economics.


See also