Developing Essential Financial Markets in Smaller Economies : Stylized Facts and Policy Options.

This paper surveys the foreign exchange markets, money and secondary government security markets, and stock exchanges in 107 smaller economy countries. The underdevelopment of these markets impedes risk transfer, monetary policy, corporate financing, and the capacity to absorb capital inflows. This...

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Detalles Bibliográficos
Autor Corporativo: International Monetary Fund
Formato: Revista
Lenguaje:English
Publicado: Washington, D.C. : International Monetary Fund, 2008.
Colección:Occasional Papers; Occasional Paper ; No. 2008/006
Acceso en línea:Full text available on IMF