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Reassessing Risk in Emerging Market Lending : Insights from GEMs Consortium Statistics (Английский)

Emerging markets have long been viewed as high-risk destinations for investment, particularly investments in companies. Although macroeconomic and political stability risks are higher, this perception also reflects project-level risks, or uncertainty about repayment prospects. Investors, with limited historical data and a lack of reliable metrics on the likelihood of default and recovery rates, approach emerging markets with great caution. The research...
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