The Capital Markets of Emerging Europe : Institutions, Instruments and Investors /

Emerging European countries have made large strides in developing their local capital markets since the early-1990s. However, the rate of development has been widely disparate across countries and market segments, underpinned by the varying degrees of progress made in key areas such as establishing...

Szczegółowa specyfikacja

Opis bibliograficzny
1. autor: Ong, Li
Kolejni autorzy: Iorgova, Silvia
Format: Czasopismo
Język:English
Wydane: Washington, D.C. : International Monetary Fund, 2008.
Seria:IMF Working Papers; Working Paper ; No. 2008/103
Dostęp online:Full text available on IMF
Opis
Streszczenie:Emerging European countries have made large strides in developing their local capital markets since the early-1990s. However, the rate of development has been widely disparate across countries and market segments, underpinned by the varying degrees of progress made in key areas such as establishing pricing benchmarks, adopting, implementing and enforcing securities laws and regulations, encouraging the growth of an institutional investor base, and providing adequate trading infrastructure. This paper provides an overview of the trends in the region's local capital markets, and examines the main factors that have contributed to their growth and effectiveness to date. It also discusses selected policy responses necessary to further improve the breadth and depth of these markets.
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Opis fizyczny:1 online resource (51 pages)
Format:Mode of access: Internet
ISSN:1018-5941
Ograniczenie dostępu:Electronic access restricted to authorized BRAC University faculty, staff and students