How Private Creditors Fared in Emerging Debt Markets, 1970-2000 /

We estimate ex post returns to emerging market debt by combining secondary-market prices with observed flows based on World Bank data. From 1970-2000, returns averaged 9 percent per annum, about the same as returns on a ten-year U.S. treasury bond. This reflects the combined effect of the 1980s debt...

Disgrifiad llawn

Manylion Llyfryddiaeth
Prif Awdur: Zettelmeyer, Jeromin
Awduron Eraill: Klingen, Christoph, Weder, Beatrice
Fformat: Cylchgrawn
Iaith:English
Cyhoeddwyd: Washington, D.C. : International Monetary Fund, 2004.
Cyfres:IMF Working Papers; Working Paper ; No. 2004/013
Mynediad Ar-lein:Full text available on IMF