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The External Financing of Emerging Market Countries

Evidence from Two Waves of Financial Globalization

The External Financing of Emerging Market Countries( )
Author: Zaklan, Aleksandar
Mauro, Paolo
Minnoni, Martn
ISBN:978-1-4518-6465-6
Publication Date:Sep 2006
Publisher:International Monetary Fund
Book Format:Paperback
List Price:AUD $27.95
Book Description:

We trace the history of where and why investors from the most advanced countries directed funds, ultimately helping finance economic development in emerging market countries. To do this, we analyze the determinants of international investors' willingness to hold the external liabilities issued by emerging market countries, through cross-country regressions for both prices (bond spreads) and quantities (bond market capitalization or stocks of external liabilities) estimated at various...
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Book Details
Pages:49
Physical Dimensions (W X L X H):21.59 x 27.94 x 0.254 cm
Book Weight:0.136 Kilograms



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