United States, Oct. 20 -- Lending by multilateral development banks (MDBs) and development finance institutions (DFIs) to private entities in emerging markets performed comparably to that in advanced economies, with an average default rate of 3.54% and recovery rates exceeding global benchmarks at 72.9%, according to new statistics by the Global Emerging Markets Risk Database (GEMs) Consortium. The results shed light on investment risks and opportunities in emerging markets and developing economies (EMDEs) and underscore the importance of greater data transparency in supporting private-capital mobilization and portfolio diversification in EMDEs. These markets face significant financing challenges, with a potential cumulative shortfall of mo...