Global Development Finance 2007 : The Globalization of Corporate Finance in Developing Countries, Volume 1. Review, Analysis, and Outlook
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 Asi...
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2012
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| Online Access: | http://documents.worldbank.org/curated/en/2007/01/10342310/global-development-finance-2007-globalization-corporate-finance-developing-countries-vol-1-2-review-analysis-outlook http://hdl.handle.net/10986/8126 |
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okr-10986-8126 |
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oai_dc |
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Digital Repository |
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Foreign Institution |
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Digital Repositories |
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World Bank Open Knowledge Repository |
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World Bank |
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English |
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ACCOUNTING ACCOUNTING STANDARDS ASSET PRICES BANK BORROWING BANK LENDING BANK LOANS BANKING PRACTICES BANKING SECTOR BASIS POINTS BOND FLOWS BOND INDEX BOND ISSUANCE BOND ISSUES BOND MARKET BOND SPREADS BONDS BUSINESS CYCLE CAPACITY CONSTRAINTS CAPITAL ACCOUNT CAPITAL ALLOCATION CAPITAL FLOWS CAPITAL MARKET CAPITAL MARKET DEVELOPMENTS CAPITAL MARKETS CDS COMMERCIAL BANKS COMMODITY PRICES CORPORATE BOND CORPORATE BONDS CORPORATE DEBT CORPORATE GOVERNANCE CORPORATE SECURITIES CREDIBILITY CREDIT DEFAULT CREDIT DEFAULT SWAP CREDIT DEFAULT SWAPS CREDIT DERIVATIVE CREDIT GROWTH CREDIT RATINGS CREDIT RISK CREDITORS CREDITWORTHINESS CURRENCY RISKS CURRENT ACCOUNT DEFICIT CURRENT ACCOUNT DEFICITS DEBT BURDENS DEBT FLOWS DEBT MANAGEMENT DEBT RELIEF DEBT RESTRUCTURING DERIVATIVE MARKETS DERIVATIVES DERIVATIVES MARKETS DEVELOPING COUNTRIES DEVELOPING COUNTRY DISBURSEMENTS DOMESTIC BANKS DOMESTIC DEBT DOMESTIC MARKETS ECONOMIC POLICIES EMERGING ECONOMIES EMERGING MARKET EMERGING MARKET BONDS EMERGING MARKETS ENFORCEMENT MECHANISMS EQUITY CAPITAL EQUITY FINANCING EQUITY FLOWS EQUITY ISSUES EQUITY MARKET EQUITY MARKET DEVELOPMENTS EQUITY MARKETS EQUITY RETURNS EXCHANGE COMMISSION EXCHANGE RATES EXPORT GROWTH EXPORTERS EXTERNAL BORROWING FINANCIAL DISTRESS FINANCIAL FLOW FINANCIAL FLOWS FINANCIAL HEALTH FINANCIAL INFRASTRUCTURE FINANCIAL MARKETS FINANCIAL STABILITY FISCAL POLICY FLEXIBLE EXCHANGE RATES FOREIGN BORROWERS FOREIGN CAPITAL FOREIGN DEBT FOREIGN DIRECT INVESTMENT FOREIGN EXCHANGE FOREIGN EXCHANGE RESERVES FOREIGN INVESTMENT FOREIGN INVESTMENT FLOWS FOREIGN INVESTOR FOREIGN INVESTORS FOREIGN LOAN GLOBAL BUSINESS GLOBAL CAPITAL GLOBAL DEBT GLOBAL DEVELOPMENT FINANCE GLOBAL ECONOMY GLOBAL FINANCE GLOBALIZATION GOVERNMENT REGULATION GROSS DOMESTIC PRODUCT INFLATION INFLATIONARY PRESSURE INFLATIONARY PRESSURES INITIAL PUBLIC OFFERING INITIAL PUBLIC OFFERINGS INTEREST RATE INTEREST RATES INTERNATIONAL BANK INTERNATIONAL BANKS INTERNATIONAL BOND INTERNATIONAL BORROWING INTERNATIONAL CREDIT INTERNATIONAL DEBT INTERNATIONAL DEBT MARKETS INTERNATIONAL ECONOMICS INTERNATIONAL FINANCE INTERNATIONAL FINANCIAL INSTITUTIONS INTERNATIONAL FINANCIAL MARKETS INTERNATIONAL FINANCIAL STATISTICS INTERNATIONAL INTEREST INTERNATIONAL INVESTORS INTERNATIONAL PORTFOLIO INVESTOR BASE INVESTOR BASES INVESTOR PARTICIPATION IPO LIQUID MARKETS LIQUIDITY LOAN LOAN MATURITY LOAN PORTFOLIOS LOCAL CURRENCY LOCAL DEBT LOCAL DEBT MARKETS LONG-TERM EXTERNAL DEBT MACROECONOMIC MANAGEMENT MACROECONOMIC POLICY MARKET CONDITIONS MARKET COUNTRIES MARKET DEBT MARKET ECONOMIES MARKET EQUITIES MARKET EQUITY MATURE MARKETS MATURITIES MATURITY MATURITY STRUCTURE MONETARY AUTHORITIES MONETARY FUND MONETARY POLICY NET DEBT OIL PRICE OIL PRICES OPEN ECONOMIES OUTSTANDING DEBT PORTFOLIO PREPAYMENTS PRINCIPAL REPAYMENTS PRIVATE BOND PRIVATE CAPITAL PRIVATE CREDIT PRIVATE CREDITORS PRIVATE DEBT PRIVATE DEBT FLOWS PRIVATE DEBT MARKET PRIVATE DEBT MARKET DEVELOPMENTS PRIVATE DEBT MARKETS PRIVATE EQUITY PRIVATE FINANCE PRIVATE LENDING PRUDENTIAL REGULATION PUBLIC DEBT PURCHASING POWER REAL INTEREST REAL INTEREST RATES REGIONAL BOND MARKETS REGULATORY CAPACITY REGULATORY FRAMEWORKS REMITTANCE REMITTANCES REPAYMENTS RETURN RISK MANAGEMENT RISK PREMIUMS RISKY BORROWER SECURITIES SECURITIES REGULATION SHORT-TERM DEBT SHORT-TERM INTEREST RATES SOVEREIGN DEBT STOCK EXCHANGE STOCK EXCHANGES STOCK MARKET STOCK MARKET INDEXES STOCKS SWAP TRADE BALANCE TRADE FINANCING TRADING TRANSITION COUNTRIES TRANSITION ECONOMIES TRANSPARENCY TREASURIES TREASURY TREASURY BONDS VALUATIONS WARRANTS |
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ACCOUNTING ACCOUNTING STANDARDS ASSET PRICES BANK BORROWING BANK LENDING BANK LOANS BANKING PRACTICES BANKING SECTOR BASIS POINTS BOND FLOWS BOND INDEX BOND ISSUANCE BOND ISSUES BOND MARKET BOND SPREADS BONDS BUSINESS CYCLE CAPACITY CONSTRAINTS CAPITAL ACCOUNT CAPITAL ALLOCATION CAPITAL FLOWS CAPITAL MARKET CAPITAL MARKET DEVELOPMENTS CAPITAL MARKETS CDS COMMERCIAL BANKS COMMODITY PRICES CORPORATE BOND CORPORATE BONDS CORPORATE DEBT CORPORATE GOVERNANCE CORPORATE SECURITIES CREDIBILITY CREDIT DEFAULT CREDIT DEFAULT SWAP CREDIT DEFAULT SWAPS CREDIT DERIVATIVE CREDIT GROWTH CREDIT RATINGS CREDIT RISK CREDITORS CREDITWORTHINESS CURRENCY RISKS CURRENT ACCOUNT DEFICIT CURRENT ACCOUNT DEFICITS DEBT BURDENS DEBT FLOWS DEBT MANAGEMENT DEBT RELIEF DEBT RESTRUCTURING DERIVATIVE MARKETS DERIVATIVES DERIVATIVES MARKETS DEVELOPING COUNTRIES DEVELOPING COUNTRY DISBURSEMENTS DOMESTIC BANKS DOMESTIC DEBT DOMESTIC MARKETS ECONOMIC POLICIES EMERGING ECONOMIES EMERGING MARKET EMERGING MARKET BONDS EMERGING MARKETS ENFORCEMENT MECHANISMS EQUITY CAPITAL EQUITY FINANCING EQUITY FLOWS EQUITY ISSUES EQUITY MARKET EQUITY MARKET DEVELOPMENTS EQUITY MARKETS EQUITY RETURNS EXCHANGE COMMISSION EXCHANGE RATES EXPORT GROWTH EXPORTERS EXTERNAL BORROWING FINANCIAL DISTRESS FINANCIAL FLOW FINANCIAL FLOWS FINANCIAL HEALTH FINANCIAL INFRASTRUCTURE FINANCIAL MARKETS FINANCIAL STABILITY FISCAL POLICY FLEXIBLE EXCHANGE RATES FOREIGN BORROWERS FOREIGN CAPITAL FOREIGN DEBT FOREIGN DIRECT INVESTMENT FOREIGN EXCHANGE FOREIGN EXCHANGE RESERVES FOREIGN INVESTMENT FOREIGN INVESTMENT FLOWS FOREIGN INVESTOR FOREIGN INVESTORS FOREIGN LOAN GLOBAL BUSINESS GLOBAL CAPITAL GLOBAL DEBT GLOBAL DEVELOPMENT FINANCE GLOBAL ECONOMY GLOBAL FINANCE GLOBALIZATION GOVERNMENT REGULATION GROSS DOMESTIC PRODUCT INFLATION INFLATIONARY PRESSURE INFLATIONARY PRESSURES INITIAL PUBLIC OFFERING INITIAL PUBLIC OFFERINGS INTEREST RATE INTEREST RATES INTERNATIONAL BANK INTERNATIONAL BANKS INTERNATIONAL BOND INTERNATIONAL BORROWING INTERNATIONAL CREDIT INTERNATIONAL DEBT INTERNATIONAL DEBT MARKETS INTERNATIONAL ECONOMICS INTERNATIONAL FINANCE INTERNATIONAL FINANCIAL INSTITUTIONS INTERNATIONAL FINANCIAL MARKETS INTERNATIONAL FINANCIAL STATISTICS INTERNATIONAL INTEREST INTERNATIONAL INVESTORS INTERNATIONAL PORTFOLIO INVESTOR BASE INVESTOR BASES INVESTOR PARTICIPATION IPO LIQUID MARKETS LIQUIDITY LOAN LOAN MATURITY LOAN PORTFOLIOS LOCAL CURRENCY LOCAL DEBT LOCAL DEBT MARKETS LONG-TERM EXTERNAL DEBT MACROECONOMIC MANAGEMENT MACROECONOMIC POLICY MARKET CONDITIONS MARKET COUNTRIES MARKET DEBT MARKET ECONOMIES MARKET EQUITIES MARKET EQUITY MATURE MARKETS MATURITIES MATURITY MATURITY STRUCTURE MONETARY AUTHORITIES MONETARY FUND MONETARY POLICY NET DEBT OIL PRICE OIL PRICES OPEN ECONOMIES OUTSTANDING DEBT PORTFOLIO PREPAYMENTS PRINCIPAL REPAYMENTS PRIVATE BOND PRIVATE CAPITAL PRIVATE CREDIT PRIVATE CREDITORS PRIVATE DEBT PRIVATE DEBT FLOWS PRIVATE DEBT MARKET PRIVATE DEBT MARKET DEVELOPMENTS PRIVATE DEBT MARKETS PRIVATE EQUITY PRIVATE FINANCE PRIVATE LENDING PRUDENTIAL REGULATION PUBLIC DEBT PURCHASING POWER REAL INTEREST REAL INTEREST RATES REGIONAL BOND MARKETS REGULATORY CAPACITY REGULATORY FRAMEWORKS REMITTANCE REMITTANCES REPAYMENTS RETURN RISK MANAGEMENT RISK PREMIUMS RISKY BORROWER SECURITIES SECURITIES REGULATION SHORT-TERM DEBT SHORT-TERM INTEREST RATES SOVEREIGN DEBT STOCK EXCHANGE STOCK EXCHANGES STOCK MARKET STOCK MARKET INDEXES STOCKS SWAP TRADE BALANCE TRADE FINANCING TRADING TRANSITION COUNTRIES TRANSITION ECONOMIES TRANSPARENCY TREASURIES TREASURY TREASURY BONDS VALUATIONS WARRANTS World Bank Global Development Finance 2007 : The Globalization of Corporate Finance in Developing Countries, Volume 1. Review, Analysis, and Outlook |
| relation |
Global development finance |
| description |
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 their foreign exchange exposure to worrisome levels, a concern that warrants special attention from national policymakers. Given banks' critical role in domestic monetary systems, policymakers should step up their regulation of foreign borrowing by banks. The projected slowdown in global growth and tighter monetary policy in high-income countries are expected to make financing conditions for developing countries somewhat less favorable in coming years. While a soft landing is the most likely outcome, there are risks. Global development finance is the World Bank's annual review of global financial conditions facing developing countries. The current volume provides analysis of key trends and prospects, including coverage of capital raised by developing country based corporations. |
| format |
Publications & Research :: Publication |
| author |
World Bank |
| author_facet |
World Bank |
| author_sort |
World Bank |
| title |
Global Development Finance 2007 : The Globalization of Corporate Finance in Developing Countries, Volume 1. Review, Analysis, and Outlook |
| title_short |
Global Development Finance 2007 : The Globalization of Corporate Finance in Developing Countries, Volume 1. Review, Analysis, and Outlook |
| title_full |
Global Development Finance 2007 : The Globalization of Corporate Finance in Developing Countries, Volume 1. Review, Analysis, and Outlook |
| title_fullStr |
Global Development Finance 2007 : The Globalization of Corporate Finance in Developing Countries, Volume 1. Review, Analysis, and Outlook |
| title_full_unstemmed |
Global Development Finance 2007 : The Globalization of Corporate Finance in Developing Countries, Volume 1. Review, Analysis, and Outlook |
| title_sort |
global development finance 2007 : the globalization of corporate finance in developing countries, volume 1. review, analysis, and outlook |
| publishDate |
2012 |
| url |
http://documents.worldbank.org/curated/en/2007/01/10342310/global-development-finance-2007-globalization-corporate-finance-developing-countries-vol-1-2-review-analysis-outlook http://hdl.handle.net/10986/8126 |
| _version_ |
1764408132147085312 |
| spelling |
okr-10986-81262021-04-23T14:02:43Z Global Development Finance 2007 : The Globalization of Corporate Finance in Developing Countries, Volume 1. Review, Analysis, and Outlook World Bank ACCOUNTING ACCOUNTING STANDARDS ASSET PRICES BANK BORROWING BANK LENDING BANK LOANS BANKING PRACTICES BANKING SECTOR BASIS POINTS BOND FLOWS BOND INDEX BOND ISSUANCE BOND ISSUES BOND MARKET BOND SPREADS BONDS BUSINESS CYCLE CAPACITY CONSTRAINTS CAPITAL ACCOUNT CAPITAL ALLOCATION CAPITAL FLOWS CAPITAL MARKET CAPITAL MARKET DEVELOPMENTS CAPITAL MARKETS CDS COMMERCIAL BANKS COMMODITY PRICES CORPORATE BOND CORPORATE BONDS CORPORATE DEBT CORPORATE GOVERNANCE CORPORATE SECURITIES CREDIBILITY CREDIT DEFAULT CREDIT DEFAULT SWAP CREDIT DEFAULT SWAPS CREDIT DERIVATIVE CREDIT GROWTH CREDIT RATINGS CREDIT RISK CREDITORS CREDITWORTHINESS CURRENCY RISKS CURRENT ACCOUNT DEFICIT CURRENT ACCOUNT DEFICITS DEBT BURDENS DEBT FLOWS DEBT MANAGEMENT DEBT RELIEF DEBT RESTRUCTURING DERIVATIVE MARKETS DERIVATIVES DERIVATIVES MARKETS DEVELOPING COUNTRIES DEVELOPING COUNTRY DISBURSEMENTS DOMESTIC BANKS DOMESTIC DEBT DOMESTIC MARKETS ECONOMIC POLICIES EMERGING ECONOMIES EMERGING MARKET EMERGING MARKET BONDS EMERGING MARKETS ENFORCEMENT MECHANISMS EQUITY CAPITAL EQUITY FINANCING EQUITY FLOWS EQUITY ISSUES EQUITY MARKET EQUITY MARKET DEVELOPMENTS EQUITY MARKETS EQUITY RETURNS EXCHANGE COMMISSION EXCHANGE RATES EXPORT GROWTH EXPORTERS EXTERNAL BORROWING FINANCIAL DISTRESS FINANCIAL FLOW FINANCIAL FLOWS FINANCIAL HEALTH FINANCIAL INFRASTRUCTURE FINANCIAL MARKETS FINANCIAL STABILITY FISCAL POLICY FLEXIBLE EXCHANGE RATES FOREIGN BORROWERS FOREIGN CAPITAL FOREIGN DEBT FOREIGN DIRECT INVESTMENT FOREIGN EXCHANGE FOREIGN EXCHANGE RESERVES FOREIGN INVESTMENT FOREIGN INVESTMENT FLOWS FOREIGN INVESTOR FOREIGN INVESTORS FOREIGN LOAN GLOBAL BUSINESS GLOBAL CAPITAL GLOBAL DEBT GLOBAL DEVELOPMENT FINANCE GLOBAL ECONOMY GLOBAL FINANCE GLOBALIZATION GOVERNMENT REGULATION GROSS DOMESTIC PRODUCT INFLATION INFLATIONARY PRESSURE INFLATIONARY PRESSURES INITIAL PUBLIC OFFERING INITIAL PUBLIC OFFERINGS INTEREST RATE INTEREST RATES INTERNATIONAL BANK INTERNATIONAL BANKS INTERNATIONAL BOND INTERNATIONAL BORROWING INTERNATIONAL CREDIT INTERNATIONAL DEBT INTERNATIONAL DEBT MARKETS INTERNATIONAL ECONOMICS INTERNATIONAL FINANCE INTERNATIONAL FINANCIAL INSTITUTIONS INTERNATIONAL FINANCIAL MARKETS INTERNATIONAL FINANCIAL STATISTICS INTERNATIONAL INTEREST INTERNATIONAL INVESTORS INTERNATIONAL PORTFOLIO INVESTOR BASE INVESTOR BASES INVESTOR PARTICIPATION IPO LIQUID MARKETS LIQUIDITY LOAN LOAN MATURITY LOAN PORTFOLIOS LOCAL CURRENCY LOCAL DEBT LOCAL DEBT MARKETS LONG-TERM EXTERNAL DEBT MACROECONOMIC MANAGEMENT MACROECONOMIC POLICY MARKET CONDITIONS MARKET COUNTRIES MARKET DEBT MARKET ECONOMIES MARKET EQUITIES MARKET EQUITY MATURE MARKETS MATURITIES MATURITY MATURITY STRUCTURE MONETARY AUTHORITIES MONETARY FUND MONETARY POLICY NET DEBT OIL PRICE OIL PRICES OPEN ECONOMIES OUTSTANDING DEBT PORTFOLIO PREPAYMENTS PRINCIPAL REPAYMENTS PRIVATE BOND PRIVATE CAPITAL PRIVATE CREDIT PRIVATE CREDITORS PRIVATE DEBT PRIVATE DEBT FLOWS PRIVATE DEBT MARKET PRIVATE DEBT MARKET DEVELOPMENTS PRIVATE DEBT MARKETS PRIVATE EQUITY PRIVATE FINANCE PRIVATE LENDING PRUDENTIAL REGULATION PUBLIC DEBT PURCHASING POWER REAL INTEREST REAL INTEREST RATES REGIONAL BOND MARKETS REGULATORY CAPACITY REGULATORY FRAMEWORKS REMITTANCE REMITTANCES REPAYMENTS RETURN RISK MANAGEMENT RISK PREMIUMS RISKY BORROWER SECURITIES SECURITIES REGULATION SHORT-TERM DEBT SHORT-TERM INTEREST RATES SOVEREIGN DEBT STOCK EXCHANGE STOCK EXCHANGES STOCK MARKET STOCK MARKET INDEXES STOCKS SWAP TRADE BALANCE TRADE FINANCING TRADING TRANSITION COUNTRIES TRANSITION ECONOMIES TRANSPARENCY TREASURIES TREASURY TREASURY BONDS VALUATIONS WARRANTS 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 their foreign exchange exposure to worrisome levels, a concern that warrants special attention from national policymakers. Given banks' critical role in domestic monetary systems, policymakers should step up their regulation of foreign borrowing by banks. The projected slowdown in global growth and tighter monetary policy in high-income countries are expected to make financing conditions for developing countries somewhat less favorable in coming years. While a soft landing is the most likely outcome, there are risks. Global development finance is the World Bank's annual review of global financial conditions facing developing countries. The current volume provides analysis of key trends and prospects, including coverage of capital raised by developing country based corporations. 2012-06-15T10:37:33Z 2012-06-15T10:37:33Z 2007 http://documents.worldbank.org/curated/en/2007/01/10342310/global-development-finance-2007-globalization-corporate-finance-developing-countries-vol-1-2-review-analysis-outlook 0-8213-6977-6 http://hdl.handle.net/10986/8126 English Global development finance CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank Publications & Research :: Publication Publications & Research |