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Financial flows and the developing countries 2 (2) (Английский)

Integration with world markets reduces volatility of emerging equity markets. Investors rethink developing-country risk on rising interest rates and the crisis in Mexico. Bond issues higher but regional trends differ sharply. Issuers face tighter borrowing. Foreign investors leave Mexico's domestic debt market. New syndicated lending remains strong. Investor concerns subdue international capital markets. Project finance to developing countries rises...
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