Arbeitspapier

Bond Market Development in Developing Asia

We describe and assess two dimensions of the current state of bond market development in developing Asia: the role of bond markets in overall financial systems and a comparison of the salient features of bond market development in developing Asia and other regions. We highlight key drivers and constraints of bond market development in developing Asia, particularly in smaller economies, as well as key implications for policymakers, especially for promoting bond market development in the region. Our analysis suggests that high inflation volatility presents a serious obstacle to bond market development. We find that smaller developing Asian economies could enable bond market development by pursuing creditor friendly policies and strengthening the legal rights of borrowers.

Sprache
Englisch

Erschienen in
Series: ADB Economics Working Paper Series ; No. 448

Klassifikation
Wirtschaft
General Financial Markets: General (includes Measurement and Data)
International Financial Markets
International Finance: General
Thema
bond market
financial development
financial system

Ereignis
Geistige Schöpfung
(wer)
Burger, John D.
Warnock, Francis E.
Warnock, Veronica Cacdac
Ereignis
Veröffentlichung
(wer)
Asian Development Bank (ADB)
(wo)
Manila
(wann)
2015

Handle
Letzte Aktualisierung
10.03.2025, 11:45 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Burger, John D.
  • Warnock, Francis E.
  • Warnock, Veronica Cacdac
  • Asian Development Bank (ADB)

Entstanden

  • 2015

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