Edited by Masahiro Kawai, David G. Mayes and Peter Morgan
Chapter 11: Developing Asian Local Currency Bond Markets: Why and How?
11. Developing Asian local currency bond markets: why and how? Mark M. Spiegel 11.1 INTRODUCTION Since the 1997–1998 Asian financial crisis, there has been a perception that Asian financial markets would be aided by the existence of developed loca...
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