EM Search | Euromoney

Local and regional issuers bring bond market diversity

The number and variety of regional and municipal issuers tapping the international markets continues to grow steadily. Central governments across the Americas, Americasand emerging markets want to devolve financial responsibility. The degree of sovereign support varies.

September 01, 2001

Opinion

The battle for leadership: US versus Europe

The swing of the political pendulum in the US has had an equal and opposite reaction in Europe. In the 1990s, under the post-cold war order of transatlantic relations, Bill Clinton's centre-left US administration promoted its own brand of caring capitalism. Inflation was banished, the world economy grew strongly and financial markets soared.

September 01, 2001

Arab 100 - Results and Methodology

This survey covered the following countries: Bahrain, Egypt, Jordan, Kuwait, Lebanon, Libya, Morocco, Oman, Qatar, Saudi Arabia, Syria, Tunisia and the United Arab Emirates

September 01, 2001

Opinion

Let the people speak

Many bankers Euromoney has spoken to are fearful that anti-capitalist and anti-globalization protesters will severely disrupt this year's IMF/World Bank meetings - and some even refuse to discuss the issue on the record because they don't want to give the protesters the oxygen of publicity.

September 01, 2001

Bear on the prowl

David Malpass, chief international economist at Bear Stearns, in a speech last month to the National Economists Club in Washington outlines the view that the world economy is entering a long, "saucer-shaped" slowdown. The nub of the problem is deflation, reckons Malpass. The flip side of the greenback's repeated 10% year-on-year gains is a drop in commodity prices of roughly the same amount. That's going to result in hard knocks for many economies.

September 01, 2001

Stealthy law broadens debt burden

A law that was passed virtually unnoticed will come into effect this month and has prompted many strategic and financial investors to question whether any investment in Korea’s financial sector is wise.

September 01, 2001

BANKING

developed market company respondents

September 01, 2001

SocGen: undaunted by cost of market share

Société Générale paid Eu1.2 billion for 60% of Komercni Banka as it moved into the Czech Republic in June. The move was criticized as too risky. Now, it appears that it was right on target.

September 01, 2001

ING: integration begins at home

ING’s unique approach to the provision of financial services has placed it among the pioneers.

September 01, 2001

Battling vested interests to get utilities to perform

Russia’s vast utilities are gravely afflicted. In desperate need of investment to rebuild worn-out plant and distribution networks, they are also drained of income because of uneconomic pricing and persistent corruption. Ben Aris reports on the progress of restructuring

September 01, 2001

Sale of Seoul Bank poses a quandary

The Korean government wants to sell Seoul Bank to a blue-chip foreign strategic investor. But the likes of HSBC aren’t interested. So how far should the government compromise and maybe encourage a private-equity fund? The problem is that in the run-up to an election, the government is hemmed in by the favourable deal it struck with Newbridge, which was widely ridiculed by the local media.

September 01, 2001

Could the Bank do its work better?

Under James Wolfensohn the World Bank has beaten off influential enemies through polished public relations, but there are still widespread doubts about the effectiveness of Bank policies. Projects continue to fail and adjustment lending has in many cases been granted without proper safeguards. Bank insiders claim that programmes are increasingly effective but critics point to the weakness of Bank models for measuring success.

September 01, 2001

Search results for