Rising global capital costs pose challenge for emerging economies: Anurada Thakur

Pointing to changes in global financial markets, economic affairs secretary Anuradha Thakur said bond markets were assuming a larger share of financing, with government papers alone accounting for more than 80% of global gross domestic product. 

source https://www.livemint.com/news/india/rising-global-capital-costs-pose-challenge-for-emerging-economies-anurada-thakur-11791130158160.html