This Article analyzes the history from 1994-1999 of the secondary market in emerging markets debt, identifying the lessons learned from that period of market development. It pays particular attention to the increasing integration of the secondary market for emerging markets debt with traditional financial markets, and to the force for globalization that this secondary market therefore exerted in the period.
Ross P. Buckley,
A Force for Globalization: Emerging Markets Debt Trading From 1994 to 1999,
30 Fordham Int'l L.J. 185
Available at: http://ir.lawnet.fordham.edu/ilj/vol30/iss2/1