01590cas a2200241 a 4500 AALejournalIMF010914 230101c9999 xx r poo 0 0eng d 15.00 USD 9781589067752 0251-6365 BD-DhAAL BD-DhAAL International Monetary Fund. Developing Essential Financial Markets in Smaller Economies : Stylized Facts and Policy Options. Washington, D.C. : International Monetary Fund, 2008. 1 online resource (86 pages) Occasional 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 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 study marks a first step toward formulating policies to develop essential smaller economy financial markets by documenting the stylized facts and presenting a framework for assessing the policy issues. Mode of access: Internet Occasional Papers; Occasional Paper ; No. 2008/006 Full text available on IMF http://elibrary.imf.org/view/books/084/09530-9781589067752-en/09530-9781589067752-en-book.xml IMF e-Library