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I Introduction and Overview »
Chapter
Source: International Capital Markets : Developments, Prospects, and Key Policy Issues (September 1999)
Series: World Economic and Financial Surveys
Author(s): International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 24 September 1999
ISBN: 9781557758521
Keywords: debt, bonds, loans, interest, restructuring
The period since last year’s International Capital Markets report has witnessed some of the most severe financial market turbulence in the postwar period. The effects of the Asian financial crisis were initi...
V Emerging Markets: Nonstandard Responses to External Pressure and the Role of the Major Credit Rating Agencies in Financial Markets »
Chapter
Source: International Capital Markets : Developments, Prospects, and Key Policy Issues (September 1999)
Series: World Economic and Financial Surveys
Author(s): International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 24 September 1999
ISBN: 9781557758521
Keywords: debt, bonds, loans, interest, restructuring
The financial market turbulence experienced by many emerging markets during the past two years has both generated new policy responses to market pressures and highlighted the key role of institutional invest...