Safe Assets in the International Financial System

The monograph is the first study on the Polish market devoted to the functioning of safe assets in the international financial system. The concept of safe assets is more and more commonly used in relation to phenomena occurring in financial markets, including debt markets. However, no attempt has be...

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Main Authors: Bogołębska, Joanna, Feder-Sempach, Ewa, Stawasz-Grabowska, Ewa
Format: Online
Language:Polish
Published: Wydawnictwo Uniwersytetu Łódzkiego 2025
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Online Access:ONIX_20250307_9788382207927_563
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author Bogołębska, Joanna
Feder-Sempach, Ewa
Stawasz-Grabowska, Ewa
author_browse Bogołębska, Joanna
Feder-Sempach, Ewa
Stawasz-Grabowska, Ewa
author_facet Bogołębska, Joanna
Feder-Sempach, Ewa
Stawasz-Grabowska, Ewa
author_sort Bogołębska, Joanna
collection Directory of Open Access Books
description The monograph is the first study on the Polish market devoted to the functioning of safe assets in the international financial system. The concept of safe assets is more and more commonly used in relation to phenomena occurring in financial markets, including debt markets. However, no attempt has been made so far to comprehensively explain its complex, multi-layered nature. The authors of the monograph make a pioneering effort to explain the concept of the safe asset by indicating the attributes and functions of these financial instruments/ this category of financial instruments. In particular, two scientific perspectives are taken: demand and supply analysis. The supply analysis, which constitutes a larger part of the monograph, emphasizes the dominant role of publicly issued safe assets in relation to privately issued ones. The demand side analysis depicts the main holders of safe assets and significant changes in their motives and trends. The global public safe assets shortage and the growing demand for this category of assets pose one of the greatest challenges to the stability of the global economy, raising the question of alternative sources of meeting investors’ demand for safety. In this context, the monograph draws particular attention to the capabilities of the Economic and Monetary Union and China as potential safe assets suppliers. The book aims at graduate and PhD students of Economics who have little previous knowledge of the subject and financial market professional analysts who are wishing to move into this cutting-edge topic.
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institution Directory of Open Access Books
language pol
publishDate 2025
publishDateRange 2025
publishDateSort 2025
publisher Wydawnictwo Uniwersytetu Łódzkiego
publisherStr Wydawnictwo Uniwersytetu Łódzkiego
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spelling doab-20.500.12854ir-1543822025-03-07T12:58:14Z Safe Assets in the International Financial System Bogołębska, Joanna Feder-Sempach, Ewa Stawasz-Grabowska, Ewa safe assets public debt safe assets supply shortage of safe assets The monograph is the first study on the Polish market devoted to the functioning of safe assets in the international financial system. The concept of safe assets is more and more commonly used in relation to phenomena occurring in financial markets, including debt markets. However, no attempt has been made so far to comprehensively explain its complex, multi-layered nature. The authors of the monograph make a pioneering effort to explain the concept of the safe asset by indicating the attributes and functions of these financial instruments/ this category of financial instruments. In particular, two scientific perspectives are taken: demand and supply analysis. The supply analysis, which constitutes a larger part of the monograph, emphasizes the dominant role of publicly issued safe assets in relation to privately issued ones. The demand side analysis depicts the main holders of safe assets and significant changes in their motives and trends. The global public safe assets shortage and the growing demand for this category of assets pose one of the greatest challenges to the stability of the global economy, raising the question of alternative sources of meeting investors’ demand for safety. In this context, the monograph draws particular attention to the capabilities of the Economic and Monetary Union and China as potential safe assets suppliers. The book aims at graduate and PhD students of Economics who have little previous knowledge of the subject and financial market professional analysts who are wishing to move into this cutting-edge topic. 2025-03-07T12:58:13Z 2025-03-07T12:58:13Z 2022 book ONIX_20250307_9788382207927_563 9788382207927 9788382207910 https://directory.doabooks.org/handle/20.500.12854/154382 pol Finance image/jpeg Attribution-NonCommercial-NoDerivatives 4.0 International https://www.press.uni.lodz.pl/index.php/wul/catalog/book/808 Wydawnictwo Uniwersytetu Łódzkiego electronic 10.18778/8220-791-0 The monograph is the first study on the Polish market devoted to the functioning of safe assets in the international financial system. The concept of safe assets is more and more commonly used in relation to phenomena occurring in financial markets, including debt markets. However, no attempt has been made so far to comprehensively explain its complex, multi-layered nature. The authors of the monograph make a pioneering effort to explain the concept of the safe asset by indicating the attributes and functions of these financial instruments/ this category of financial instruments. In particular, two scientific perspectives are taken: demand and supply analysis. The supply analysis, which constitutes a larger part of the monograph, emphasizes the dominant role of publicly issued safe assets in relation to privately issued ones. The demand side analysis depicts the main holders of safe assets and significant changes in their motives and trends. The global public safe assets shortage and the growing demand for this category of assets pose one of the greatest challenges to the stability of the global economy, raising the question of alternative sources of meeting investors’ demand for safety. In this context, the monograph draws particular attention to the capabilities of the Economic and Monetary Union and China as potential safe assets suppliers. The book aims at graduate and PhD students of Economics who have little previous knowledge of the subject and financial market professional analysts who are wishing to move into this cutting-edge topic. 10.18778/8220-791-0 83bfe9c9-323d-4283-b087-d859fd9af314 9788382207927 9788382207910 electronic open access
spellingShingle safe assets
public debt
safe assets supply
shortage of safe assets
Bogołębska, Joanna
Feder-Sempach, Ewa
Stawasz-Grabowska, Ewa
Safe Assets in the International Financial System
title Safe Assets in the International Financial System
title_full Safe Assets in the International Financial System
title_fullStr Safe Assets in the International Financial System
title_full_unstemmed Safe Assets in the International Financial System
title_short Safe Assets in the International Financial System
title_sort safe assets in the international financial system
topic safe assets
public debt
safe assets supply
shortage of safe assets
topic_facet safe assets
public debt
safe assets supply
shortage of safe assets
url ONIX_20250307_9788382207927_563
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AT stawaszgrabowskaewa safeassetsintheinternationalfinancialsystem