Emerging Market bonds have benefited from global credit spread tightening
Still smarting from defeat in the US Supreme Court over the bond holdouts, Argentina’s economy minister Axel Kicillof insists the recession-hit country is in the right and is turning down offers of money
Africa has been on the cusp of mainstream capital markets for years. While the continent made a breakthrough in the variety of issuance it produced in 2012-13, 2014 looks like it will be the year when African borrowers finally become established
Pakistan has had an impressive year under new premier Nawaz Sharif. But the government needs to keep up its reforming zeal to get the South Asian state’s finances back on track.
BlackRock and Fidelity have hit back at the Financial Stability Board’s moves to designate the big fund managers systemically important financial institutions.
It is 13 years since the IMF called for an international agreement on how to wind up defaulted sovereign debt. Still there is no mechanism, and regrettably the vulture funds pursuing Argentina still seem to hold sway in the US. It's time for change
Women's participation in the labour force still lags men's by 12% even in developed economies. In the MENA region it can be up to 50%. That is a wasted resource - and best practice examples show countries and companies that tackle the problem outperform
Something needs to be done to improve lending in the country. That’s what competition should do… We’re so far from where we should be in terms of credit-to-GDP
Jesse Ang, International Finance Corp
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