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The brave new world of sovereign debt restructuring: the China conundrum and other challenges
Steven T. Kargman
The past few years have not been kind ones generally for emerging economies and developing countries around the globe. These economies were hard hit by the economic fallout from the two external shocks without precedent in recent history, namely the once-in-a-century COVID-19 pandemic and then the Ukraine war, the first major ground war in Europe in 75 years. Apart from a relatively strong economic recovery in 2021 in which these economies grew by nearly 7% (according to the International Monetary Fund (IMF)), these economies experienced less-than-stellar growth in 2022 in the range of 3.4 to 4% according to the World Bank and the IMF, respectively, and much improved results are not expected for either 2023 or 2024.
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Securitisation and structured finance in Portugal
by Tiago Correia Moreira, Partner, and Inês Tranquada Gomes, Associate, VdA
The Portuguese securitisation and structured finance market is mature, robust and innovative. While the use of securitisation dates back more than 15 years and, therefore, may no longer be considered a trend, the truth is that over the last couple of years it has proven its ability to reinvent itself and adapt to challenging events. […]
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world leasing yearbook
The leading global intelligence resource for leasing and asset finance professionals. Our new 2023 edition provides unrivalled and valuable reference data for all players in the field.

