| Description |
1 online resource (27 pages) : illustrations |
| Series |
IMF paper on policy analysis and assessment ; PPAA/94/7 |
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IMF paper on policy analysis and assessment ; PPAA/94/7.
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| Summary |
Annotation 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 |
| Bibliography |
Includes bibliographical references |
| Notes |
Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002. http://purl.oclc.org/DLF/benchrepro0212 MiAaHDL |
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digitized 2010 HathiTrust Digital Library committed to preserve pda MiAaHDL |
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Print version record |
| Subject |
Stock exchanges.
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Stocks -- Prices.
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stock exchanges.
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exchange (method of acquisition)
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Stock exchanges.
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Stocks -- Prices.
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| Form |
Electronic book
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| Author |
Kumar, Monmohan S., author
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International Monetary Fund. Research Department.
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| ISBN |
1455286036 |
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9781455286034 |
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1462318932 |
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9781462318933 |
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1455240702 |
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9781455240708 |
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1451971214 |
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9781451971217 |
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