This paper analyses the determimants of emerging market sovereign bond spreads by examining the short and long-run effects of fundamental (macroeconomic) and te

We analyze the relationship between global and country-specific factors and emerging market debt spreads from three different angles. First, we aim to disentang

An interesting disconnect has taken shape between local currency- and hard currency-denominated bonds in emerging markets with respect to their portfolio flows

What determines the ability of low-income developing countries to issue bonds in international capital and what explains the spreads on these bonds? This paper

This paper reviews empirical and theoretical work on the links between banks and their governments (the bank-sovereign nexus). How significant is this nexus? Wh