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What Slice of the Pie? The Corporate Bond Market Boom in Emerging Economies

Author/Editor: Diana Ayala Pena, Milan Nedeljkovic, Christian Saborowski.

Release Date:July, 2015

This paper studies the determinants of shifts in debt composition among EM non-financial corporates. We show that institutions and macro fundamentals create an enabling environment for bond market more...



Price: $18.00
Rethinking Financial Deepening : Stability and Growth in Emerging Markets

Author/Editor: Ratna Sahay, Martin Cihak, Papa M N'Diaye, Adolfo Barajas, Diana B Ayala Pena, Ran Bi, Yuan Gao, Annette J Kyobe, Lam Nguyen, Christian Saborowski, Katsiaryna Svirydzenka, Seyed Reza Yousefi.

Release Date:May, 2015

The global financial crisis experience shone a spotlight on the dangers of financial systems that have grown too big too fast. This note reexamines financial deepening, focusing on what emerging more...



Price: $10.00