(Reuters) - With growth in developing countries like China and India
outpacing that of wealthy nations, the new phenomenon of
corporate globalization is likely to intensify in the next few
years, the bank's annual Global Development Finance report
said.
"This is shifting the whole landscape of emerging market
finance from a sovereign-based framework to corporate based,"
the report's main author, Mansoor Dailami, told Reuters.
Read more at Reuters.com Bonds News
outpacing that of wealthy nations, the new phenomenon of
corporate globalization is likely to intensify in the next few
years, the bank's annual Global Development Finance report
said.
"This is shifting the whole landscape of emerging market
finance from a sovereign-based framework to corporate based,"
the report's main author, Mansoor Dailami, told Reuters.
Read more at Reuters.com Bonds News
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