Showing 1 - 10 of 786
This paper surveys the literature to document the main stylized facts, risks, and policy challenges related to the expansion of global nonfinancial corporate debt after the 2008–09 global financial crisis. Nonfinancial corporate debt steadily increased after the crisis, especially in emerging...
Persistent link: https://www.econbiz.de/10012823367
Financial globalization, defined as global linkages through cross-border financial flows, has become increasingly … relevant for emerging markets as they integrate financially with the rest of the world. This paper argues that, because of the … way it is often measured, it has also led to the misperception that financial globalization in emerging markets has been …
Persistent link: https://www.econbiz.de/10013068213
The world economy has experienced four global recessions over the past seven decades: in 1975, 1982, 1991, and 2009 … internationally, with severe economic and financial disruptions in many countries around the world. The 2009 global recession, set off …
Persistent link: https://www.econbiz.de/10012840241
As COVID-19 continues to wreak havoc across the world, researchers are attempting to quantify the economic fallout from …
Persistent link: https://www.econbiz.de/10012832318
In spite of the United States' recovery, most Caribbean nations are still struggling in the aftermath of the 2007?08 global financial crisis. This paper examines this slow growth recovery through the analysis of how the Caribbean's growth relates to that of key drivers of the global economy. The...
Persistent link: https://www.econbiz.de/10012970171
The financial crisis arose in the industrial countries, but has affected developing countries through higher interest rates, sharp changes in commodity prices, and reductions in investment, trade, migration and remittances. For most low-income countries, shocks that affect food prices or wage...
Persistent link: https://www.econbiz.de/10012976362
Using micro-level data on mutual funds from different financial centers investing in equity and bonds, this paper analyzes how investors and managers behave and transmit shocks across countries. The paper shows that the volatility of mutual fund investments is quantitatively driven by investors...
Persistent link: https://www.econbiz.de/10012975229
than domestic U.S. funds and world funds. When investigating abroad, U.S. mutual funds invest more in equity than in bonds …. World funds invest mainly in developed nations (Canada, Europe, Japan, and the United States). Ten percent of their …
Persistent link: https://www.econbiz.de/10012946753
of comparator countries using a new World Bank international data base with objective and perception-based indicators of …
Persistent link: https://www.econbiz.de/10014059911
As the recovery in high-income countries firms amid a gradual withdrawal of extraordinary monetary stimulus, developing countries can expect stronger demand for their exports as global trade regains momentum, but also rising interest rates and potentially weaker capital inflows. This paper...
Persistent link: https://www.econbiz.de/10012973348