Foreign Bond Markets and Financial Market Development: International Perspectives
Published By: ADBI on eSS | Published Date: December, 18 , 2009The domestic bond markets of the Asia and Pacific region have grown considerably since
the Asian financial crisis of 1997, although they remain undeveloped relative to the region’s
weight in the world economy. This paper proposes that in order to encourage further
development of these markets, regulators should make them more accessible to foreign
borrowers. [ADBI Working Paper 173]
Author(s): Jonathan A. Batten, Warren P. Hogan, Peter G Szilagyi | Posted on: Oct 18, 2010 | Views(1005) | Download (856)