Developed in house this quantitative model values a country's default risk against that of other emerging countries while also taking into account where in the economic cycle that country finds itself. (argogrouplimited.com)
Indeed, it started in South - East Asia in 1997, then destabilised Japan, then affected in a more generalised form other emerging countries in Europe (Russia) and soon in Latin America (Brazil). (religion-online.org)
This may contribute to the fact that Indian bond funds have recorded moderate inflows in the last couple weeks, as opposed to the outflows seen in most other emerging countries. (indexologyblog.com)