Here is a related article.

A poisonous “triad” of global risks is pushing the world to the brink of a new financial crisis, says stark IMF report

Emerging market companies have over-borrowed by an estimated $US3 trillion in the last decade, threatening to trigger a sharp capital crunch and capital outflows in economies that have already been hit hard by low commodity prices, the fund warned on Wednesday in its latest Global Financial Stability Report.

http://www.telegraph.co.uk/finance/economics/11916485/3-trillion-corporate-credit-crunch-looms-as-debtors-face-day-of-reckoning.html

http://www.smh.com.au/business/the-economy/4-trillion-debt-binge-could-spark-new-global-crisis-imf-warns-20151007-gk3wae.html