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Over the past two decades, Asian economies have experienced rapid capital market growth and profound changes in the structure of their financial systems. This paper analyses key developments in advanced and emerging Asian economies since the global financial crisis, focusing on market...
Persistent link: https://www.econbiz.de/10012312161
protection and bank secrecy issues. The valuation of Bitcoins and price volatility issues are discussed, as well as electronic … features of the crypto-currencies also facilitate tax evasion and money laundering, both of which are major public policy …
Persistent link: https://www.econbiz.de/10010375852
reviews the extent to which non-bank intermediation contributed to the rise of sovereign and corporate debt levels and … vulnerabilities, including leverage loans and collateralised loan obligations (CLOs), fixed-income investment funds, and bank …-based tools in non-bank credit intermediation to address vulnerabilities without undermining the benefits of market-based finance. …
Persistent link: https://www.econbiz.de/10012312160
High-yield corporate and leveraged loans have grown substantially over the past decade. However, the COVID-19 pandemic means downside risks are rising alongside expectations of severe negative impacts on corporate earnings and economic growth. The proportion of leveraged corporate debt exposed...
Persistent link: https://www.econbiz.de/10012312170
Persistent link: https://www.econbiz.de/10008934320