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	: 47,5 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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The Future of Domestic Capital Markets in Developing Countries by Robert E. Litan,Michael Pomerleano,Vasudevan Sundararajan

This volume brings together financial sector experts and leaders from around the world to provide practical guidance on strategies such as nuturing issuers, improving rules and institutions, addressing regulatory challenges and sequencing reforms.

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Emerging and frontier financial markets in the Asia-Pacific region have experienced significant changes in recent years in areas affecting regulation, market participants, and products. This collection presents perspectives from authors in local markets who provide their analysis of the history, current development, and future outlook for 11 countries: Bangladesh, Cambodia, India,

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Using business registry data from China, we show that internal capital markets in business groups can propagate corporate shareholders’ credit supply shocks to their subsidiaries. An average of 16.7% local bank credit growth where corporate shareholders are located would increase subsidiaries investment by 1% of their tangible fixed asset value, which accounts

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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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The Integration of World Capital Markets by Mr.Michael Mussa,Mr.Morris Goldstein

This paper discusses the extent to which national capital markets have become linked, and identifies several of the more important consequences of that increased degree of integration. Alternative approaches to the measurement of capital market integration are reviewed, including deviations from the law of one price, differences between actual and

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Capital Market Integration by Mr.Masafumi Yabara

Capital markets in the East African Community (EAC) face common challenges of low capitalization and liquidity, but to different degrees. EAC member countries have made noticeable progress in developing domestic capital markets through a regional approach, removing constraints on capital transactions and harmonizing market infrastructure. Nevertheless, empirical analysis suggests capital

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Information Resolution and Subnational Capital Markets by Christine R. Martell,Tima T. Moldogaziev,Salvador Espinosa

A comprehensive explanation of information institutions as they relate to the success of subnational capital markets Global trends in decentralization and the growing role of world cities have increased the importance of infrastructure development. But with competing incentives of suppliers and borrowers of capital in the web of institutional governance

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