Book review : Developing Loan Markets by the LMA

By Michael Turner
01 Oct 2013

Written by the closest thing EM loans will ever have to celebrities, this book straddles regions, law, insurance and financial products. And, barring a few awkward sections that highlight the writers’ years spent with Excel spreadsheets rather than Word documents, the book is an essential read for anyone looking to provide financing to the world’s tougher markets.

The third of the Loan Market Association’s published books is aimed at market participants and academics in emerging market lending. 

The text is split into seven sections that run from big data macroeconomics to finicky specifics (also known as transaction law). Each of the 24 chapters covers a different ...

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