WebCorrections. All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eme:rafpps:raf-11-2024-0306.See general information about how to correct material in RePEc.. For technical questions regarding this item, or … Webeconomy firms and by hard-hit EME industries has surged. JEL classification: F30, G15. With the shift towards market-based finance after the Great Financial Crisis (GFC), debt securities assumed a greater role in the international financial system (Shin (2013); Aldasoro and Ehlers (2024); CGFS (2024 )). Post-GFC, debt issuance grew faster
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