This publication empirically assesses the effect of private debt buildup—household and corporate debt—on the real economy in advanced and emerging market economies.
This publication analyzes the financial vulnerability of developing countries during the global financial crisis.
A well-functioning corporate bond market in developing countries can offer long-term financing to public–private partnership investments in infrastructure development.
Foreign investors seem more sensitive to risk–return profile than domestic investors, especially in emerging markets, and are also attracted by greater market openness and sound sovereign credit ratings.
This paper explores key developmental challenges facing middle-income Asian economies, and puts forth concrete policy options for tackling those challenges.