01713cas a2200241 a 4500 AALejournalIMF008354 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451842319 1018-5941 BD-DhAAL BD-DhAAL Marone, Heloisa. Small African Stock Markets-The Case of the Lusaka Stock Exchange / Heloisa Marone. Washington, D.C. : International Monetary Fund, 2003. 1 online resource (28 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 In trend with a global pattern and following recommendations of the World Bank and the International Finance Corporation (IFC), the number of stock markets in African countries has increased dramatically over the last ten years. Despite a scarcity of studies on the impact of stock markets on these economies, some policymakers have been arguing in favor of stock exchanges (national or regional) in eastern and southern Africa. The creation of such exchanges may be a premature project as they might lack an actual economic rationale. The present case study, for instance, suggests that the Lusaka Stock Exchange (LuSE) has little effect on the larger Zambian economy. Mode of access: Internet IMF Working Papers; Working Paper ; No. 2003/006 Full text available on IMF http://elibrary.imf.org/view/journals/001/2003/006/001.2003.issue-006-en.xml IMF e-Library