Investment Interest in Low-Income Countries May Increase
Posted on December 01, 2008 at 13:36 PM EST
Low-income and emerging market countries could see increasing international investment interest as investors turn away from high-yield assets, according to a new Working Paper* published by the IMF. The recent round of debt relief has restored debt sustainability in many low-income countries (LICs). This, along with a continued search for yield and desire for portfolio diversification [...]