Asean Bond Market Development : Where Does it Stand? Where is it Going?

Where Does it Stand? Where is it Going?

Asean Bond Market Development : Where Does it Stand? Where is it Going?
Since the Asian crisis, ASEAN5 countries have expended considerable effort in trying to develop their domestic bond markets. Yet today these markets are not much larger, relative to GDP, than they were a decade before. How can we explain this? And does this mean that domestic markets have not, in fact, developed? The paper argues that bond... READ MORE...

Publication date: June 2011
ISBN 9781455265428
$18.00

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