01853cas a2200277 a 4500 AALejournalIMF004577 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451865264 1018-5941 BD-DhAAL BD-DhAAL Kramer, Charles. Asian Equity Markets : Growth, Opportunities, and Challenges / Charles Kramer, Catriona Purfield, Hiroko Oura, Andreas Jobst. Washington, D.C. : International Monetary Fund, 2006. 1 online resource (39 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students Asian equity markets have grown significantly in size since the early 1990s, driven by strong international investor inflows, growing regional financial integration, capital account liberalization, and structural improvements to markets. The development of equity markets provides a more diversified set of channels for financial intermediation to support growth, thus bolstering medium-term financial stability. At the same time, as highlighted by the May-June 2006 market corrections, the increasing role of stock markets potentially changes the nature of macroeconomic and financial stability risks, as well as the policy requirements for dealing with these risks. Mode of access: Internet Jobst, Andreas. Oura, Hiroko. Purfield, Catriona. IMF Working Papers; Working Paper ; No. 2006/266 Full text available on IMF http://elibrary.imf.org/view/journals/001/2006/266/001.2006.issue-266-en.xml IMF e-Library