search query: @author Warner, A. / total: 38
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| Author: | Warner, A. |
| Title: | Rolling back debt clouds |
| Journal: | Banker
1997 : MAR, VOL. 147:3, p. 21-25 |
| Index terms: | BANKING INVESTMENT POLICY |
| Language: | eng |
| Abstract: | The emerging country debt market enjoyed a stellar year in 1996, continuing its bounce-back from the turmoil unleashed by the Mexican peso crisis in December 1994. The West Merchant Bank price index (WMBI) roared ahead by 33.3% over the year, leaving trailing behind the International Finance Corporation's Composite Investable Index for emerging stock markets, which gained a paltry 7% in dollar terms. The WMBI also outpaced most developed world equity markets, as measured by the Morgan Stanley Capital International Indices. |
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