The Development of Local Capital Markets

This book PDF is perfect for those who love Business & Economics genre, written by Mr.Luc Laeven and published by International Monetary Fund which was released on 19 December 2014 with total hardcover pages 25. You could read this book directly on your devices with pdf, epub and kindle format, check detail and related The Development of Local Capital Markets books below.

The Development of Local Capital Markets

Author	: Mr.Luc Laeven
File Size	: 44,7 Mb
Publisher	: International Monetary Fund
Language	: English
Release Date	: 19 December 2014
ISBN	: 9781498372978
Pages	: 25 pages

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The Development of Local Capital Markets by Mr.Luc Laeven Book PDF Summary

Capital markets can improve risk sharing and the efficiency with which capital is allocated to the real economy, boosting economic growth and welfare. However, despite these potential benefits, not all countries have well developed capital markets. Moreover, government-led initiatives to develop local capital markets have had mixed success. This paper reviews the literature on the benefits and costs of developing local capital markets, and describes the challenges faced in the development of such markets. The paper concludes with a set of policy recommendations emerging from this literature.

The Development of Local Capital Markets by Mr.Luc Laeven

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Latin American Local Capital Markets Challenges and Solutions by Mauro Miranda

Capital markets, both for debt and equity securities, have allowed firms to secure funding for productive uses while providing investors with opportunities for portfolio diversification. The importance of capital markets for the development of economies and for the betterment of society cannot be overstated. This is just as true in

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The Future of Domestic Capital Markets in Developing Countries by Robert E. Litan,Michael Pomerleano,Vasudevan Sundararajan

The Future of Domestic Capital Markets in Developing Countries addresses the challenges that countries face as they develop and strengthen capital markets. Based on input from the world's most prominent capital market experts and leading policymakers in developing countries, this volume represents the latest thinking in capital market development. It

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Focus on Capital by Kenroy Dowers,Pietro Masci

Local capital market development responds to the need to reduce the risk of financial crises that result from an excessive reliance on external borrowing -- for example, to avoid foreign exchange risk, reduce contagion, and decrease short-term external borrowing. In fact, as financial crises dwarf the role of financial intermediation,

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The Development of Local Debt Markets in Asia by Mr.Mangal Goswami,Mr.Sunil Sharma

The paper makes an assessment of the progress made in developing local debt markets in emerging Asia. Market development has been limited by hurdles confronting borrowers and lenders, current and potential liquidity providers, and insufficient support from government policies and regulations. Besides fostering a credit culture to deepen local debt

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Global Capital Markets by Maurice Obstfeld,Alan M. Taylor

This book is an economic survey of international capital mobility from the late nineteenth century to the present.

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Emerging Capital Markets and Globalization by Augusto de la Torre,Sergio Schmukler

Back in the early 1990s, economists and policy makers had high expectations about the prospects for domestic capital market development in emerging economies, particularly in Latin America. Unfortunately, they are now faced with disheartening results. Stock and bond markets remain illiquid and segmented. Debt is concentrated at the short end

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Emerging Local Securities and Derivatives Markets by Ms.Anna Ilyina,Mr.Donald J. Mathieson,Mr.Ramana Ramaswamy,Mr.Jorge Roldos

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

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