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...
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Document also available in :
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DETAILS
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2007/01/01
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Global Development Finance - formerly World Debt Tables
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47722
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2
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2011/11/17
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Disclosed
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Summary and country tables
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long-term debt
Citation
Global development finance 2007 : the globalization of corporate finance in developing countries (Vol. 2 of 2) : Summary and country tables (English). Global development finance Washington, DC: World Bank. http://documents.worldbank.org/curated/en/278971468313835922