Non-Financial Corporate Debt in Emerging Markets

Dear all,

In its next meeting, the Financial Stability Group will start the discussion of the subject “private debt”. We will have the presentation of Cristiano Boaventura Duarte (PhD Student – Federal University of Rio de Janeiro), entitled "Non-Financial Corporate Debt in Emerging Markets after 2008". He will explore non-financial corporate debt expansion in emerging countries after the 2008 crisis, its relation to the deepening financial fragility of companies located in those countries, and the financial fragility of those nations themselves.

This webinar will happen next Friday 25th of November at 11 am ET/ 5pm CET.
To join, please click here:

See you online!

Suggested readings for discussion of the subject “Non Financial Corporate debt in Emerging Markets”:

Global financial Stability Report- October 2015- Chapter 3 "Corporate Leverage in Emerging Markets—A Concern? "

Chui, M.; Fender, I.; Sushko, V. (2014). "Risks related to EME corporate balance sheets: the role of leverage and currency mismatch". In: BIS Quarterly Review September 2014.

Avdjiev,S.; Chui, M.; Shin, H.S. (2014). "Non-financial corporations from emerging market economies and capital flows". In: BIS Quarterly Review December 2014.

Serena, J.M; Moreno, R. (2016). “Domestic financial markets and offshore bond finance. In "BIS Quarterly Review September 2016".