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Asset Securitization and Structured Financing: Future Prospects and Challenges for Countries in Emerging Markets

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  • Mr. Lakshman Alles

Abstract

This article examines the issues and challenges involved for institutions, policy makers, and law-makers in less developed countries in their efforts to implement asset securitization techniques in their financial markets. Challenges and issues in the areas of market development, legislation, accounting, regulation and structuring are examined in the light of recent developments in securitization techniques.

Suggested Citation

  • Mr. Lakshman Alles, 2001. "Asset Securitization and Structured Financing: Future Prospects and Challenges for Countries in Emerging Markets," IMF Working Papers 2001/147, International Monetary Fund.
    • Handle: RePEc:imf:imfwpa:2001/147
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    References listed on IDEAS

    as
    1. Mingo, John J., 2000. "Policy implications of the Federal Reserve study of credit risk models at major US banking institutions," Journal of Banking & Finance, Elsevier, vol. 24(1-2), pages 15-33, January.
    2. Mr. Christian B. Mulder & Brieuc Monfort, 2000. "Using Credit Ratings for Capital Requirementson Lending to Emerging Market Economies: Possible Impact of a New Basel Accord," IMF Working Papers 2000/069, International Monetary Fund.
    3. Honohan, Patrick, 2000. "Perverse effects of a ratings-related capital adequacy system," Policy Research Working Paper Series 2364, The World Bank.
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    Cited by:

    1. De la Torre, Augusto & Schmukler, Sergio, 2007. "Emerging Capital Markets and Globalization: The Latin American Experience," IDB Publications (Books), Inter-American Development Bank, number 349, November.
    2. Lucas Boareto da Aparecida & Sergio Giovanetti Lazzarini & Adriana Bruscato Bortoluzzo, 2022. "Long-term Financing: Exploring the Recent Advances in the Brazilian Bond Market," RAC - Revista de Administração Contemporânea (Journal of Contemporary Administration), ANPAD - Associação Nacional de Pós-Graduação e Pesquisa em Administração, vol. 26(2), pages 210076-2100.
    3. Mr. Ehsan Ebrahimy, 2019. "Liquidity Choice and Misallocation of Credit," IMF Working Papers 2019/284, International Monetary Fund.
    4. Ebrahimy, Ehsan, 2022. "Liquidity choice and misallocation of credit," European Economic Review, Elsevier, vol. 142(C).
    5. Augusto de la Torre & Sergio L. Schmukler, 2007. "Emerging Capital Markets and Globalization : The Latin American Experience," World Bank Publications, The World Bank, number 7187, September.

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