The IMF is projecting a significant fall in real interest rates in emerging economies in the long term with that of China to be near zero by 2050 led by demographics and productivity factors
Economists once thought they knew how borrowing costs affect the economy, but we have been proved wrong
Wishing bond market development on spurious signs will not deliver one, but improving corporate governance to inspire the trust essential for financial contracts may do so
Adrian Mowat, JPMorgan's chief Asian and emerging market equity strategist, says in the near-term, China, Taiwan and Korea are likely to perform better than India