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The costs and benefits of developing debt markets: Hong Kong's experience

In: The development of bond markets in emerging economies

Author

Listed:
  • Guorong Jiang

    (Hong Kong Monetary Authority)

  • Nancy Tang

    (Hong Kong Monetary Authority)

  • Eve Law

    (Hong Kong Monetary Authority)

Abstract

No abstract is available for this item.

Suggested Citation

  • Guorong Jiang & Nancy Tang & Eve Law, 2002. "The costs and benefits of developing debt markets: Hong Kong's experience," BIS Papers chapters, in: Bank for International Settlements (ed.), The development of bond markets in emerging economies, volume 11, pages 103-114, Bank for International Settlements.
    • Handle: RePEc:bis:bisbpc:11-07
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    File URL: http://www.bis.org/publ/bppdf/bispap11h.pdf
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    References listed on IDEAS

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    1. Francisco Gallego Y. & Norman Loayza., 2000. "Financial Structure in Chile: Macroeconomic Developments and Microeconomic Effects," Journal Econom a Chilena (The Chilean Economy), Central Bank of Chile, vol. 3(2), pages 5-30, August.
    2. Mr. Sunil Sharma & Sushil Bikhchandani, 2000. "Herd Behavior in Financial Markets: A Review," IMF Working Papers 2000/048, International Monetary Fund.
    3. Hakansson, Nils H., 1999. "The Role of a Corporate Bond Market in an Economy -- and in Avoiding Crises," Research Program in Finance, Working Paper Series qt6sq4c6g0, Research Program in Finance, Institute for Business and Economic Research, UC Berkeley.
    4. Richard J. Herring & Nathporn Chatusripitak, 2000. "The Case of the Missing Market: The Bond Market and Why It Matters for Financial Development," Center for Financial Institutions Working Papers 01-08, Wharton School Center for Financial Institutions, University of Pennsylvania.
    5. Hernandez, Leonardo F. & Valdes, Rodrigo O., 2001. "What drives contagion: Trade, neighborhood, or financial links?," International Review of Financial Analysis, Elsevier, vol. 10(3), pages 203-218.
    6. Caprio, Gerard & Honohan, Patrick, 2001. "Finance for Growth: Policy Choices in a Volatile World," MPRA Paper 9929, University Library of Munich, Germany.
    7. repec:wbk:wbpubs:13895 is not listed on IDEAS
    8. Nils H. Hakansson, 1999. "The Role of a Corporate Bond Market in an Economy - and in Avoiding Crises," Research Program in Finance Working Papers RPF-287, University of California at Berkeley.
    9. Barry Eichengreen & Ricardo Hausmann, 1999. "Exchange rates and financial fragility," Proceedings - Economic Policy Symposium - Jackson Hole, Federal Reserve Bank of Kansas City, pages 329-368.
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    Citations

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    Cited by:

    1. Suresh Menon, 2007. "Development of Bond Markets in Emerging Market Economies," SBP Research Bulletin, State Bank of Pakistan, Research Department, vol. 3, pages 27-41.
    2. Naqvi, Natalya, 2018. "Manias, panics and crashes in emerging markets: an empirical investigation of the post-2008 crisis period," LSE Research Online Documents on Economics 90368, London School of Economics and Political Science, LSE Library.
    3. Mr. Mangal Goswami & Mr. Sunil Sharma, 2011. "The Development of Local Debt Markets in Asia," IMF Working Papers 2011/132, International Monetary Fund.
    4. Mangal Goswami & Sunil Sharma, 2011. "The Development of Local Debt Markets in Asia : An Assessment," Governance Working Papers 23210, East Asian Bureau of Economic Research.
    5. Ameenullah Aman & Mohamad Yazid Isa & Asmadi Mohamed Naim, 2023. "The Role of Macroeconomic and Financial Factors in Bond Market Development in Selected Countries," Global Business Review, International Management Institute, vol. 24(4), pages 626-641, August.

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