Policies aimed at developing domestic bond markets may enable corporations to avoid excessive external exposure, but developing countries need to be careful to avoid policies that could increase the risk of financial instability by facilitating inflows and outflows of hot money.
旨在发展国内债券市场的政策可能使公司能够避免借过多的外债，但发展中国家需要小心避免会便利热钱流进流出而增加金融不稳定风险的政策。