ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846
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Is There a Case for an Asian Bond Fund?

While there has been a tendency to over-sell the merits of the Asian Bond Fund in some circles, the proposal ought to facilitate the diversification of the region's external financing from quantity-based bank lending to price-based bond financing and should also help reduce the region's vulnerability to 'erratic' international investors.



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