Insights

Jones Day's Jay Tambe discusses navigating the potential emerging markets debt crisis

Jones Day's Jay Tambe discusses navigating the potential emerging markets debt crisis

This Emerging Issues video is the first in a series about risk management in the current economic environment. In it, Jay Tambe, co-leader of Jones Day's Financial Institutions Litigation & Regulation Practice, discusses navigating the potential emerging markets debt crisis and provides guidance and insight for investors, financial intermediaries, and issuers.

For the better part of a decade, several developed economies have maintained historically low interest rates as a matter of deliberate monetary policy. As a result, fixed income investors have looked for higher-yielding investments in emerging market debt, both private and sovereign, as well as high-yielding debt in the commodities sector. Jay discusses the effects of the slow down in the emerging economies and the commodities sector from the perspectives of investors, financial intermediaries, and issuers. He emphasizes the importance of identifying and assessing the direct and indirect risks these groups face now, including jurisdictional considerations, and creating playbooks to help them navigate the looming crisis in emerging market debt.

 

 

Learn more about preparing for potential emerging market risk.

In the coming weeks, Jones Day will feature additional videos concerning emerging markets, the energy market, and liability management in the face of escalating debt.

Jones Day is a global law firm with 43 offices in major centers of business and finance throughout the world. Its unique governance system fosters an unparalleled level of integration and contributes to its perennial ranking as among the best in the world in client service. Jones Day provides significant legal representation for almost half of the Fortune 500, Fortune Global 500, and FT Global 500.