Pradhan, Mahmood; Peiris, Shanaka J.; Goswami, Mangal; … - International Monetary Fund (IMF) - 2011
held back by a sharp fall in investment rates, which has left firms with little need for bond borrowing. Even so, markets … have developed in other ways, to such an extent that substantial amounts of foreign portfolio investment have begun to flow … investment likely to rise, ASEAN5 bond markets could expand rapidly over the next decade, holding out the prospect that the …