Global Development Finance 2007 : The Globalization of Corporate Finance in Developing Countries, Volume 2. Summary and Country Tables

The globalization of corporate finance also points to other challenges. As emerging-market corporations have expanded their international operations, they have increased their exposure to interest rate and currency risks. Concerns are growing that several countries in emerging Europe and Central Asia are experiencing a credit boom engendered by cross-border borrowing by banks of untested financial health and stamina. Some of these banks have increased their foreign exchange exposure to worrisome levels, a concern that warrants special attention from national policymakers. Given banks' critical role in domestic monetary systems, policymakers should step up their regulation of foreign borrowing by banks. The projected slowdown in global growth and tighter monetary policy in high-income countries are expected to make financing conditions for developing countries somewhat less favorable in coming years. While a soft landing is the most likely outcome, there are risks. Global development finance is the World Bank's annual review of global financial conditions facing developing countries. The current volume provides analysis of key trends and prospects, including coverage of capital raised by developing country based corporations.

Bibliographic Details

Main Author:	World Bank
Language:	English
Published:	2007
Subjects:	ACCOUNTING, ACCOUNTING STANDARDS, ASSET PRICES, BANK BORROWING, BANK LENDING, BANK LOANS, BANKING PRACTICES, BANKING SECTOR, BASIS POINTS, BOND FLOWS, BOND INDEX, BOND ISSUANCE, BOND ISSUES, BOND MARKET, BOND SPREADS, BONDS, BUSINESS CYCLE, CAPACITY CONSTRAINTS, CAPITAL ACCOUNT, CAPITAL ALLOCATION, CAPITAL FLOWS, CAPITAL MARKET, CAPITAL MARKET DEVELOPMENTS, CAPITAL MARKETS, CDS, COMMERCIAL BANKS, COMMODITY PRICES, CORPORATE BOND, CORPORATE BONDS, CORPORATE DEBT, CORPORATE GOVERNANCE, CORPORATE SECURITIES, CREDIBILITY, CREDIT DEFAULT, CREDIT DEFAULT SWAP, CREDIT DEFAULT SWAPS, CREDIT DERIVATIVE, CREDIT GROWTH, CREDIT RATINGS, CREDIT RISK, CREDITORS, CREDITWORTHINESS, CURRENCY RISKS, CURRENT ACCOUNT DEFICIT, CURRENT ACCOUNT DEFICITS, DEBT BURDENS, DEBT FLOWS, DEBT MANAGEMENT, DEBT RELIEF, DEBT RESTRUCTURING, DERIVATIVE MARKETS, DERIVATIVES, DERIVATIVES MARKETS, DEVELOPING COUNTRIES, DEVELOPING COUNTRY, DISBURSEMENTS, DOMESTIC BANKS, DOMESTIC DEBT, DOMESTIC MARKETS, ECONOMIC POLICIES, EMERGING ECONOMIES, EMERGING MARKET, EMERGING MARKET BONDS, EMERGING MARKETS, ENFORCEMENT MECHANISMS, EQUITY CAPITAL, EQUITY FINANCING, EQUITY FLOWS, EQUITY ISSUES, EQUITY MARKET, EQUITY MARKET DEVELOPMENTS, EQUITY MARKETS, EQUITY RETURNS, EXCHANGE COMMISSION, EXCHANGE RATES, EXPORT GROWTH, EXPORTERS, EXTERNAL BORROWING, FINANCIAL DISTRESS, FINANCIAL FLOW, FINANCIAL FLOWS, FINANCIAL HEALTH, FINANCIAL INFRASTRUCTURE, FINANCIAL MARKETS, FINANCIAL STABILITY, FISCAL POLICY, FLEXIBLE EXCHANGE RATES, FOREIGN BORROWERS, FOREIGN CAPITAL, FOREIGN DEBT, FOREIGN DIRECT INVESTMENT, FOREIGN EXCHANGE, FOREIGN EXCHANGE RESERVES, FOREIGN INVESTMENT, FOREIGN INVESTMENT FLOWS, FOREIGN INVESTOR, FOREIGN INVESTORS, FOREIGN LOAN, GLOBAL BUSINESS, GLOBAL CAPITAL, GLOBAL DEBT, GLOBAL DEVELOPMENT FINANCE, GLOBAL ECONOMY, GLOBAL FINANCE, GLOBALIZATION, GOVERNMENT REGULATION, GROSS DOMESTIC PRODUCT, INFLATION, INFLATIONARY PRESSURE, INFLATIONARY PRESSURES, INITIAL PUBLIC OFFERING, INITIAL PUBLIC OFFERINGS, INTEREST RATE, INTEREST RATES, INTERNATIONAL BANK, INTERNATIONAL BANKS, INTERNATIONAL BOND, INTERNATIONAL BORROWING, INTERNATIONAL CREDIT, INTERNATIONAL DEBT, INTERNATIONAL DEBT MARKETS, INTERNATIONAL ECONOMICS, INTERNATIONAL FINANCE, INTERNATIONAL FINANCIAL INSTITUTIONS, INTERNATIONAL FINANCIAL MARKETS, INTERNATIONAL FINANCIAL STATISTICS, INTERNATIONAL INTEREST, INTERNATIONAL INVESTORS, INTERNATIONAL PORTFOLIO, INVESTOR BASE, INVESTOR BASES, INVESTOR PARTICIPATION, IPO, LIQUID MARKETS, LIQUIDITY, LOAN, LOAN MATURITY, LOAN PORTFOLIOS, LOCAL CURRENCY, LOCAL DEBT, LOCAL DEBT MARKETS, LONG-TERM EXTERNAL DEBT, MACROECONOMIC MANAGEMENT, MACROECONOMIC POLICY, MARKET CONDITIONS, MARKET COUNTRIES, MARKET DEBT, MARKET ECONOMIES, MARKET EQUITIES, MARKET EQUITY, MATURE MARKETS, MATURITIES, MATURITY, MATURITY STRUCTURE, MONETARY AUTHORITIES, MONETARY FUND, MONETARY POLICY, NET DEBT, OIL PRICE, OIL PRICES, OPEN ECONOMIES, OUTSTANDING DEBT, PORTFOLIO, PREPAYMENTS, PRINCIPAL REPAYMENTS, PRIVATE BOND, PRIVATE CAPITAL, PRIVATE CREDIT, PRIVATE CREDITORS, PRIVATE DEBT, PRIVATE DEBT FLOWS, PRIVATE DEBT MARKET, PRIVATE DEBT MARKET DEVELOPMENTS, PRIVATE DEBT MARKETS, PRIVATE EQUITY, PRIVATE FINANCE, PRIVATE LENDING, PRUDENTIAL REGULATION, PUBLIC DEBT, PURCHASING POWER, REAL INTEREST, REAL INTEREST RATES, REGIONAL BOND MARKETS, REGULATORY CAPACITY, REGULATORY FRAMEWORKS, REMITTANCE, REMITTANCES, REPAYMENTS, RETURN, RISK MANAGEMENT, RISK PREMIUMS, RISKY BORROWER, SECURITIES, SECURITIES REGULATION, SHORT-TERM DEBT, SHORT-TERM INTEREST RATES, SOVEREIGN DEBT, STOCK EXCHANGE, STOCK EXCHANGES, STOCK MARKET, STOCK MARKET INDEXES, STOCKS, SWAP, TRADE BALANCE, TRADE FINANCING, TRADING, TRANSITION COUNTRIES, TRANSITION ECONOMIES, TRANSPARENCY, TREASURIES, TREASURY, TREASURY BONDS, VALUATIONS, WARRANTS,
Online Access:	http://documents.worldbank.org/curated/en/2007/01/13026578/global-development-finance-2007-globalization-corporate-finance-developing-countries-vol-2-2-summary-country-tables https://hdl.handle.net/10986/8131
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