Gray, Simon; Felman, Joshua; Carvajal, Ana; Jobst, … - In: Asian-Pacific Economic Literature 28 (2014) 1, pp. 76-95
type="main" <p>This paper examines development challenges facing bond markets in the ASEAN-5 (Indonesia, Malaysia, Philippines, Singapore, and Thailand). It first assesses their level of development, finding that bond market frameworks—that is, the quality of the physical infrastructure,...</p>