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Hardie investigates the link between the financialization – defined as the ability to trade risk – and the capacity of emerging market governments to borrow
Global Financial Spillovers to Emerging Market Sovereign Bond Markets
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Foreign holdings of emerging markets (EMs) government bonds have increased substantially over the last decade. While foreign participation in local-currency sov
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An authoritative guide to the new economics of our crisis-filled century. Published in collaboration with the Institute for New Economic Thinking. The 2008 fina
Debt-Related Vulnerabilities and Financial Crises - an Application of the Balance Sheet Approach to Emerging Market Countries
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Emerging Markets and Financial Globalization
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The frequency and virulence of recent financial crises have led to calls for reform of the current international financial architecture. In an effort to learn m