Corporate Financing Trends and Balance Sheet Risks in Latin America

Corporate Financing Trends and Balance Sheet Risks in Latin America
Easy global liquidity conditions, stronger risk appetite and a retrenchment in cross-border bank lending led to a surge in emerging market firms’ bond issuance in international markets (what we term “The Bon(d)anza”). Using firm-level data for five large Latin American economies, we provide evidence of a significant change in companies’ external... READ MORE...

Publication date: January 2015
ISBN 9781498307802
$18.00

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