Emerging markets find a route to new funding

A range of supply and demand factors could lead to a surge of new issuance by emerging market corporates over the next few years. But their success in tapping the markets will depend on the pace of economic recovery and the restoration of risk appetite among international investors.

There is growing evidence the global economy is moving into a recovery phase, leading investors to recalibrate their allocations to account for improvements in the fundamentals of emerging market economies. However,

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