One of the biggest issues facing local media organizations across the globe is how to survive financially in tough economic times and in a changing community media landscape.

Capital markets are markets in which equity (shares) and debt (bonds) are traded. If they exist at all in less developed countries they are typically small. Most financing to help companies grow is done through bank financing rather than through the equity markets. Over the past decade or so, an “emerging markets” capital market has emerged. Based primarily in New York and London, this market has permitted developing countries’ governments (“sovereigns”) to access international capital markets.

Eight simple tips for working or aspiring business reporters.