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notional value outstanding of credit default swap contracts, a type of credit derivative most in use, increased from US$6 … India can draw from the experience of the Western nations before considering introduction of credit derivatives in the …
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Development finance is at a turning point. There is talk about a “triple revolution of goals, actors and tools.” As much of Asia grows its way out of poverty, aid will increasingly be focused on Africa and on countries plagued by instability, or with governments unable to meet the basic...
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Over the past three decades, China and India have attained economic power close to that of Japan and the U.S. During … derivatives markets and economic development in these four large economies, which we consider together as the CIJU (China, India … examine this causal and dynamic relation with data for the period 1998Q1 to 2017Q4. Derivative markets are found to positively …
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