The Turning Tide : How Vulnerable are Asian Corporates? /

Using a new firm-level dataset with comprehensive information on Asian firms' FX liabilities, we show that Asia's nonfinancial corporate sector is vulnerable to a tightening of global financial conditions. Higher global interest rates and exchange rate depreciation increase the probability...

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Dettagli Bibliografici
Autore principale: Jiang, Bo
Altri autori: Saadi Sedik, Tahsin
Natura: Periodico
Lingua:English
Pubblicazione: Washington, D.C. : International Monetary Fund, 2019.
Serie:IMF Working Papers; Working Paper ; No. 2019/093
Accesso online:Full text available on IMF