(e) Domestic market deregulation.

The Coming Emerging Market Debt Squeeze

For emerging markets as a whole, nearly 90 per cent of the increase in debt securities now reflects domestic issuance and at the end of 2002, domestic bonds accounted for around 80 per cent of total outstanding emerging market bonded debt.

restrictions on firm growth in domestic market.

And this isn't even the domestic car market this is the taxi market.

Ethiopia's domestic market is about one billion dollars of value.

The Territory's foreign debt stood at 50 million, while the domestic debt was estimated at 40 million.5

Much sets us apart EU enlargement, agriculture, and domestic market issues.

Non EurepGAP compliant suppliers therefore even risk losing domestic market shares.

Gross domestic product at market prices (index, base year 1980 100)

The domestic market and a growing middle class will assume greater prominence.

That is why, for domestic debt disputes, countries have bankruptcy laws and courts.

In both cases, the discounts largely reflect the market value of the debt at the time of negotiation, as indicated by the discount prevailing in the secondary market for such debt.

Domestic flights resumed in 1988, after a 30 year absence from the market.

(a) Monitor market trends and patterns, and opportunities in domestic and international arenas

Only governments that are chronically unable to finance their outlays with domestic taxes or domestic debt must keep borrowing large sums abroad.

The absence of regulation in the market can be perverse, and suggests that domestic monopolistic behaviour in the wholesale segment by domestic companies could be replaced by foreign monopolies controlling the market.

Debtor country governments have also bought back their debt on the secondary market.

In countries with large domestic markets, diversification of production structure is likely to be more closely linked to the domestic market needs.

Although no external relief for domestic debt is envisaged, success in achieving the Millennium Development Goals will be greatly assisted by ensuring macroeconomic stability, of which prudent domestic public debt management is an important element.

Energy hungry America has long depended on the global market to meet domestic demand.

Indeed, with roughly 130 million middle class consumers, China s domestic market holds significant potential.

The modern market can include domestic and foreign providers, both SMEs and large companies.

But domestic savings remain low in the face of persistently high levels of public debt.

Options include international debt financing, domestic tax revenue and user fees, borrowing in domestic capital markets, and public private partnerships for water related investments.

That is why, for domestic debt disputes, countries have bankruptcy laws and courts. But there is no such mechanism to adjudicate international debt disputes.

BEIJING In the last 200 years, there have been more than 250 cases of sovereign debt default, and 68 cases of domestic debt default.

Export led growth meant that China could produce without worrying about developing the domestic market.

Emerging market economies will take some steps, including interest rate cuts, to safeguard domestic growth.

Future disciplines on domestic regulation would help ensure effective market access, including in Mode 4.

The second hand EEE market accounts for a large share of total domestic EEE sales.

Competition in the global market and in domestic markets was becoming fiercer and more extensive.

According to Central Bank estimates, total external debt at the end of June 2002 was over 6.4 billion, and domestic debt amounted to 1.7 billion.

And a stronger economy would help domestic banks by reducing potential bad debt and mortgage defaults.

Domestic public debt today stands at roughly 205 of GDP, compared to around 85 in 1995.

But if market nervousness persists and interest rates remain high relative to rates for secure German debt, the debt burden will rapidly become unsustainable.

In Europe, the market for Greek debt has frozen, and interest rate spreads between Irish and German euro denominated debt recently reached alarming levels.

European governments debt may all be denominated in euro, but German and Italian debt are hardly the same thing, so the government euro bond market lacks the depth and liquidity of the US Treasury Bill market.

The task required improvements to the domestic financial structure and the ability to develop suitable investment instruments and to issue significant amounts of domestic currency debt.

But trying to redress budget deficits in the midst of a collapse in domestic demand makes problems worse, not better. A shrinking economy makes private and public debt look less sustainable, which does nothing for market confidence.

The United Kingdom s domestic market is, after all, much smaller than that of the United States.

In addition to finance, FDI can support domestic enterprise through technology transfer and providing market access.

Yet, in addition to being horribly painful, domestic deflation threatens the sustainability of public and private debt.

An integrated asset liability structure is needed that also encompasses domestic debt and off balance sheet items.

Its inadequacy may lead to the formulation of a much older answer revulsion against the market economy, accompanied by indiscriminate condemnation of debt and debt instruments.