Emerging Equity Markets - Growth, Benefits, and Policy Concerns

Emerging Equity Markets - Growth, Benefits, and Policy Concerns

eBook - 1994
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Since the mid-1980s, there has been a very substantial increase in stock market activity in many developing countries. This paper first examines the main characteristics of the emerging stock markets, and illustrates the evolution of equity prices in these markets over the last decade. It then discusses the reasons for the markets growth and assesses the extent to which domestic policies, as well as external factors, have played a role. This is followed by a discussion of the likely benefits of these markets; the effects which any abrupt correction in stock prices could have for the economy; and the ways in which these markets can be made more efficient.
Publisher: [United States] : International Monetary Fund : Made available through hoopla, 1994.
ISBN: 9781455240708
1455240702
Branch Call Number: eBook hoopla
Characteristics: 1 online resource
Additional Contributors: hoopla digital

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