Debt financing rollercoaster: Latin American and Caribbean access to international bond markets since the debt crisis, 1982-2012

This report examines how the access of Latin American and Caribbean countries to external debt financing has evolved in the three decades since the debt crisis of 1982. In these thirty years, as the global financial environment evolved and structural shifts took place in the region, the market for L...

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Detalles Bibliográficos
Autores principales: Velloso, Helvia, Bustillo, Inés
Formato: Texto
Idioma:English
Publicado: ECLAC 2013-09
Materias:
Acceso en línea:http://hdl.handle.net/11362/2635
Tabla de Contenidos:
  • I. The origins of the asset class: the debt crisis of the 1980s .-- II. Brady bonds .-- III. Emerging market tradable debt: the maturing of the asset class .-- IV. Developments in new debt issuance .-- V. Debt spreads rollercoaster: evolution and performance .-- VI. The long road to improved credit quality .-- VII. Unequal access: a closer look at Central America and the Caribbean .-- VIII. Looking ahead: are emerging and developed debt markets converging?