Refine
Has Fulltext
- yes (1) (remove)
Year of publication
- 2018 (1)
Document Type
- Master's Thesis (1)
Language
- English (1)
Is part of the Bibliography
- yes (1)
Keywords
- original sin (1) (remove)
Institute
Historically high and rising level of external debt raises concerns among policymakers and academics around the globe. This master thesis proposes to examine several questions. Firstly, the paper attempts to provide the analysis of the current status quo of external debt in developing and emerging countries. Secondly, it attempts to determine the risks attached to low-quality debt structure. Lastly, the paper attempts answer whether expanding debt market through regional integration of local currency bond markets can increase financial stability and reduce “original sin”.