01832cas a2200277 a 4500 AALejournalIMF012850 230101c9999 xx r poo 0 0eng d 50.00 USD 9781589062917 0258-7440 BD-DhAAL BD-DhAAL Ramaswamy, Ramana. Emerging Local Securities and Derivatives Markets : Recent Developments and Policy Issues / Ramana Ramaswamy, Jorge Roldos, Donald Mathieson, Anna Ilyina. Washington, D.C. : International Monetary Fund, 2004. 1 online resource (101 pages) World Economic and Financial Surveys <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 response to the volatility of capital flows since the mid-1990s, many emerging market economies have taken a variety of steps designed to 'selfinsure' against volatile capital flows. One such measure has been the development of local securities and derivatives markets as an alternative source of funding the public and corporate sectors. This paper examines this self-insurance policy, focusing on the extent to which emerging markets have developed local securities and derivatives, and what key policy issues have arisen as a result. Mode of access: Internet Ilyina, Anna. Mathieson, Donald. Roldos, Jorge. World Economic and Financial Surveys; World Economic and Financial Surveys ; No. 2004/018 Full text available on IMF http://elibrary.imf.org/view/books/083/02028-9781589062917-en/02028-9781589062917-en-book.xml IMF e-Library