This paper identifies the "idiosyncratic basis", the residual premia computed from stripping away the hypothetical cross-currency basis (CCB) from the cross-currency credit spread (CCCS) of eligible senior corporate dollardenominated bonds relative to their hypothetical euro-denominated...

Developing countries present investors with compelling opportunities to influence the most substantial improvement in social and economic sustainability per unit of investment. We present a novel framework that seeks to enrich the assessment of sovereign creditworthiness, encourage investment in...

The impact finance market has sought to 'internalise externalities and adjust risk perceptions' (G20 Green Finance Study Group, 2016), demonstrating the private sector's capability in resolving the climate free-rider problem through the 'greening' of economic activities, partially bypassing...

As the green bond market continues to develop and assume a critical role as a post-pandemic vehicle for supporting a balanced economic rebuild and credible transition efforts, policymakers must reassess the current disclosure regime. This paper derives findings from Bayesian games to demonstrate...

The underlying literature hypothesises and provides randomised evidence for the positive impact of promoting the broad-based inclusion, empowerment, and representation of women on regional ecosystems. This study seeks to isolate a female agency driven development factor in external sovereign...