Tackling the new crisis in making in Asian EMEs - Outside Investor Lag

• Main Author: Gangal, Vibhu
• Other Authors: YSI Asia Convening 2019
• Format: Conference or Workshop Item
• Language: English
• Published: H. : ĐHKT 2020
• Subjects: Capital flows; Emerging Market Economies; Market Making
• Online Access: http://repository.vnu.edu.vn/handle/VNU_123/70845
• Institution: Vietnam National University, Hanoi

A new financial crisis in making and a key reason for financial instability in Asia’s emergent economies is ballooning corporate debt-trap due to industry life cycles, demanding an overhaul of sectoral fundamentals. Characterized by non-performance of companies, evinced as defaults, such cyclic and...