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What determines the ability of low-income developing countries to issue bonds in international capital and what explains the spreads on these bonds? This paper

What determines the ability of low-income developing countries to issue bonds in international capital and what explains the spreads on these bonds? This paper

The frequency and virulence of recent financial crises have led to calls for reform of the current international financial architecture. In an effort to learn m

Foreign holdings of emerging markets (EMs) government bonds have increased substantially over the last decade. While foreign participation in local-currency sov

This paper analyses the determimants of emerging market sovereign bond spreads by examining the short and long-run effects of fundamental (macroeconomic) and te