Local currency bond markets provide a stable source of funding for emerging market sovereigns. A better understanding of the determinants of yields in this market can help improve sovereign debt management...
Since the Global Financial Crisis, Indonesia has experienced persistently higher yields on its domestic local currency government debt relative to peer countries with similar relevant characteristics...
This paper analyzes the main trends and patterns of nominal lending interest rates and lending-deposit interest rate spreads in emerging markets and developing economies. Using data from 140 emerging markets...
Cross-border banking in emerging markets and developing economies has expanded across most World Bank regions and has become large relative to some home and host economies. This paper analyzes recent trends...
This paper examines the interaction between macro-financial and climate-related risks. It brings together different strands of the literature on climate-related risks and how these relate to macro-financial...
This paper introduces a novel corporate financial vulnerability index, which tracks financial conditions of the non-financial corporate sector. Using balance-sheet information of 14,207 listed non-financial...
This paper introduces a novel corporate financial vulnerability index that tracks financial conditions of the non-financial corporate sector. Using the balance sheet information of 14,207 listed non-financial...