Asset purchase programs have a statistically significant effect in compressing the bond spreads in most emerging market economies.

This brief shows how US Federal Reserve interest rate hikes risk sparking a wave of capital withdrawals from Asia’s emerging markets and…

This brief shows how the nascent gender bond market can effectively channel much-needed capital to women-owned small business, boost…

This working paper shows how deviations in uncovered interest rate parity (UIP) decrease as local currency bond markets develop and the…

Stimulus packages can be effective in the short run, even if they increase the government deficit and public debt.

This report analyzes how the pandemic has impacted investment in infrastructure in Southeast Asia and assesses how infrastructure…

Sovereign risk is influenced by climate variables such as vulnerability, resilience, economic, social, and governance indicators. 

Increased spillover tax revenues should be shared with the local government and private investors.

This brief serves as an introduction to professional bond markets in ASEAN+3 economies, explaining debt market terminology, outlining…

Sustainable and healthy growth is the first and most important corrective measure for debt sustainability in Pakistan.