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The well runs dry.
- Source :
-
Economist . 3/5/2016, Vol. 418 Issue 8979, p65-67. 3p. - Publication Year :
- 2016
-
Abstract
- The article focuses on the role of dollar lending in the business cycle in developing countries. Topics discussed include increase in oil prices and corporate debt, sharp slowdown in gross domestic product (GDP), increase in corporate bonds issued by emerging-market firms, report by Bank for International Settlements (BIS), borrowing in dollars which is cheaper than borrowing in local currency, paying down dollar debts, and the consequence of lower oil and commodity prices.
Details
- Language :
- English
- ISSN :
- 00130613
- Volume :
- 418
- Issue :
- 8979
- Database :
- Academic Search Index
- Journal :
- Economist
- Publication Type :
- Periodical
- Accession number :
- 113505482