LOS 17; Discuss risks faced by investors in EM securities...... page 92/93 Schweser book 2.
The text references two different debt to GDP levels above which become casuse for concern. "Debt levels above 70-80% of GDP have been troublesome for developing countries" 3 paragraphs later, Foreign debt levels greater than 50% of GDP indicate the country may be overlevered.
Any Insight?
The text references two different debt to GDP levels above which become casuse for concern. "Debt levels above 70-80% of GDP have been troublesome for developing countries" 3 paragraphs later, Foreign debt levels greater than 50% of GDP indicate the country may be overlevered.
Any Insight?