Dancausa, Fernando; Feyen, Erik; Gurhy, Bryan; Nie, Owen - 2020
-term liabilities and interest expenses. The full sample consists of almost 17,000 firms in 73 emerging markets and developing economies … pandemic, almost 60 percent of the debt was associated with firms that already exhibited vulnerabilities according to at least … vulnerable in terms of both indicators, a 230-percent increase compared with before to the pandemic. Firms in East Asia and …