Aug 2016
Author(s): Chang, Roberto; Fernandez, Andres; Gulan, Adam
Corporate sectors in emerging markets have noticeably increased their reliance on foreign financing, presumably reflecting low global interest rates. The evidence also shows a rebalancing from bank…
Aug 2016
Author(s): Caballero, Julián; Fernandez, Andres; Park, Jongho
This paper studies the influence of external financial factors on economic activity in emerging economies (EMEs) motivated by a considerable increase in foreign financing by the corporate sector in…
Apr 2016
Author(s): Chang, Roberto; Fernandez, Andres; Gulan, Adam
Corporate sectors in emerging market economies have increased noticeably their reliance on foreign financing, presumably reecting low global interest rates. This trend has largely reflected increased…