Showing 1 - 10 of 231
We describe and assess two dimensions of the current state of bond market development in developing Asia: the role of … Asia and other regions. We highlight key drivers and constraints of bond market development in developing Asia …
Persistent link: https://www.econbiz.de/10011346220
market on trade growth in the regions of Africa and Asia. An exclusive comparison of trade performance of the two regions …
Persistent link: https://www.econbiz.de/10011281268
Cross-border bank positions in Asia and the Pacific remain highly concentrated to few counterparties, exposing the … financial stability. To this end, we construct cross-border bank concentration measures for 47 economies in Asia and the Pacific …
Persistent link: https://www.econbiz.de/10012508886
This study examines the effects of capital account restrictions on capital flows in nine Asian economies over the period 1995-2005 using panel regressions with fixed effects. The results show that capital controls significantly affect capital flows when such flows are disaggregated by asset type...
Persistent link: https://www.econbiz.de/10010528529
borderless. This paper assesses the progress achieved thus far in capital market integration in Asia, and compares regional … that while the pace of regional integration of financial markets in Asia's emerging economies has accelerated in recent …-market returns driven by financial turmoil originating at both the regional and global levels spills over into emerging Asia domestic …
Persistent link: https://www.econbiz.de/10009781172
Persistent link: https://www.econbiz.de/10011579577
It is widely believed that local currency bond markets (LCBMs) can promote financial stability in developing countries. For instance, they can help mitigate the currency and maturity mismatch that contributed to the outbreak of the Asian financial crisis of 1997-1998. In this paper, we...
Persistent link: https://www.econbiz.de/10011920074
In this study, we attempt to understand the role of greater access to finance, i.e., stocks, bonds, and bank loans, in public-private partnership (PPP) investment in developing countries. Most developing countries still depend heavily on fiscal financing for infrastructure projects. Our...
Persistent link: https://www.econbiz.de/10011896301
Gauging foreign (domestic) biases as the deviation of foreign (domestic) investors' actual portfolio allocation of a bond market from the same bond market's weight in global bond market, we investigate the determinants of foreign and domestic investment biases in 41 global bond markets. We find...
Persistent link: https://www.econbiz.de/10011791937
Global capital flows into emerging markets, including those in Asia, continue to be volatile. These capital flows … flows. Data show that the main impact of capital flows on economies of East Asia is reflected in real effective exchange … showing the strong linkages between the United States bond markets and those in Asia. These findings enhance the role of …
Persistent link: https://www.econbiz.de/10011386741