Policymakers in emerging Asian economies are not idiots. They recognise that, in most cases, their government bond markets are a poor mechanism for capturing domestic savings. But they seem incapable of taking the necessary remedial action. A glance across Asia suggests that developing deeper, more liquid, sovereign bond markets is a huge, multi-decade task.
亚洲新兴manbetx20客户端下载 体的政策制定者们并不是白痴。他们知道,在大多数情况下,本国的国债市场在吸引国内储蓄方面,运转机制不佳。但他们似乎无力采取必要的补救措施。纵观亚洲,你便能认识到,发展一个更具深度、流动性更强的主权债券市场,是一项需要花费数十年的庞大任务。
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