Title: Financial flows and the developing countries 2 (3)
Abstract: Composition of capital inflows matters for sustainability. Investors seesaw on the Mexican devaluations and uncertainty about the US dollar. Issuers offer more floating-rate notes. Korean issuers in evidence. International financial market activity hits record high in 1994, despite interest rate and currency concerns. Syndicated loan market volumes surge in 1994. Project finance to developing countries for 1995 likely to be on par with 1994 level. Eastern Europe's recovery boosts ratings. Emerging markets off to a rocky start. Equity issues come to a halt. Price declines in emerging-market mutual funds continue in 1995. Privatization off to a slow start.
Publication Year: 1995
Publication Date: 1995-05-31
Language: en
Type: article
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