The World Bank's Corporate Vulnerability Index: A Leading Indicator for Financial Crises?

.@WorldBank #CorporateVulnerabilityIndex: hope #LeadingIndicator #GrowthSlowdowns & #FinancialCrises esp #EmergingMarkets #DevelopingEconomies: 69 cntries, 14,207 listed
cos, 11 y [2006-16]. Corporate #LeverageRatio by #GeographicalRegion: all converge→~15%; except #SouthAsia pic.twitter.com/mgBjZeq62b

— Satyen Baindur (@Satyen_Baindur) March 12, 2018

...(which is likely almost all #IND companies), is ~25%. Could it also be considered an (admittedly somewhat indirect) index of how effective the (recently established) #MacroPru framework(s) is/r in the regions shown?

— Satyen Baindur (@Satyen_Baindur) March 12, 2018

https://t.co/heb4kXamlb

— Satyen Baindur (@Satyen_Baindur) March 12, 2018