BOND marketThis paper describes the growth of local-currency bond markets in Emerging Asia and the institutional and policy challenges facing the region's economies for their further development. It presents an empirical analysis of the relationship between local-currency government bond (LCGB) ...
Chinese bond market also includes Policy Bank Bonds. Policy Bank Bonds are issued by China Development Bank, Agricultural Development Bank of China, and The Export-Import Bank of China. Policy banks are non-profit banks that are created or owned by the government of the People's Republic of ...
There was a great period of pro-market reform in Chile in the late 1970s and early 1980s, followed by a couple of decades that can be described as status quo. And during that time, there was a lot of economic progress. But things started heading south about a decade ago. I wrote ba...
In other words, they are putting their thumbs on the scale to pick winners and losers. It means replacing the “invisible hand” of the market with the “grabbing hand” of politics. I’m motivated to write on this issue today because of a very strange column by David Brooks in the New...
The bond market in the Republic of Korea is one of the largest markets in Asia. Various reforms have led to its rapid development, including gradual market liberalization. All fixed-income instruments are available to foreign investors. The Government continues to issue treasury bonds on a regular...
In Asia, government-supported housing agencies have played a constructive role in the development of domestic residential mortgage and bond markets. Several agencies have increased their overall market presence in recent years by expanding their activities and have accepted a larger share of the ...
Municipal Bond MarketenterBody]The need for sound local government finance (LGF) is gaining greater recognition in Africa and Asia, largely due to the reasons of their pivotal roles in the grass root economic development. In Nigeria for instance, there has been the call for the diversification ...
BlackRock Global Government Bond Fund (USD) A2Last NAV USD 29.48 (Last Update : 2025/01/24)1-Month return -0.17% Fund House BlackRock Asset Management North Asia Limited Fund Type Fixed Income Funds Fund Size 928.39M Sector General ...
Moreover, when government spending is funded by taxes or borrowings from the domestic market, factors like lower private sector investment and higher interest rates have a negative impact on growth (crowding-out effect). Consistent with arguments claiming that increasing government spending has no ...
Otsubo ST, Otchia CS (2020) Designing integrated industrial policies volume I: for inclusive development in Asia. Routledge, London Oxhorn P, Tulchin JS, Selee A (2004) Decentralization, democratic governance, and civil society in comparative perspective: Africa, Asia, and Latin America. Woodrow ...