Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/53720 
Full metadata record
DC FieldValueLanguage
dc.contributor.authorSpiegel, Mark M.en
dc.date.accessioned2011-01-06-
dc.date.accessioned2011-12-15T12:27:35Z-
dc.date.available2011-12-15T12:27:35Z-
dc.date.issued2009-
dc.identifier.urihttp://hdl.handle.net/10419/53720-
dc.description.abstractThis paper examines the motivation for, and the success of, regional efforts in Asia to promote local currency bond markets. The analysis demonstrates that Asian local currency bond markets made substantial gains as a region going into the current global financial crisis. However, we argue that the current financial crisis requires a reassessment of the merits of promoting local currency bond markets and the gains that have been made to date. While most of the initial motivations for encouraging the development of domestic local currency bond markets appear to remain valid, there are some exceptions. However, the degree to which success in the development of these markets will be sustained remains unknown until global financial markets regain tranquility and official interventions into these markets are removed.en
dc.language.isoengen
dc.publisher|aAsian Development Bank Institute (ADBI) |cTokyoen
dc.relation.ispartofseries|aADBI Working Paper |x182en
dc.subject.jelF36en
dc.subject.jelG15en
dc.subject.jelG20en
dc.subject.jelG28en
dc.subject.ddc330en
dc.subject.stwInternationale Anleiheen
dc.subject.stwWechselkursrisikoen
dc.subject.stwRentenmarkten
dc.subject.stwFinanzmarktkriseen
dc.subject.stwKapitalmarktliberalisierungen
dc.subject.stwAsienen
dc.titleDeveloping Asian local currency bond markets: Why and how?-
dc.typeWorking Paperen
dc.identifier.ppn618019499en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen

Files in This Item:
File
Size
270.66 kB





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.