Financial Liberalisation and International Trends in Stock, Corporate Bond and Foreign Exchange Market Volatilities

Financial Liberalisation and International Trends in Stock, Corporate Bond and Foreign Exchange Market Volatilities PDF Author: Paul Kupiec
Publisher:
ISBN:
Category : Banks and banking, International
Languages : en
Pages : 64

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Financial Liberalisation and International Trends in Stock, Corporate Bond and Foreign Exchange Market Volatilities

Financial Liberalisation and International Trends in Stock, Corporate Bond and Foreign Exchange Market Volatilities PDF Author: Paul Kupiec
Publisher:
ISBN:
Category : Banks and banking, International
Languages : en
Pages : 64

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Book Description


Financial liberalisation and international trends stock, corporate bond and foreign exchange market volatilities

Financial liberalisation and international trends stock, corporate bond and foreign exchange market volatilities PDF Author: Paul Kupiec
Publisher:
ISBN:
Category :
Languages : es
Pages : 58

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Book Description


Financial liberalisation and international trends in stock, corporate bond and foreign exchange market volatilities

Financial liberalisation and international trends in stock, corporate bond and foreign exchange market volatilities PDF Author: Paul Kupiec
Publisher:
ISBN:
Category :
Languages : de
Pages : 58

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Book Description


Financial Liberalisation and International Trends in Stock, Corporate Bond and Foreign Exchange Market Volatilities

Financial Liberalisation and International Trends in Stock, Corporate Bond and Foreign Exchange Market Volatilities PDF Author:
Publisher:
ISBN:
Category :
Languages : en
Pages :

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Book Description


Emerging Capital Markets and Globalization

Emerging Capital Markets and Globalization PDF Author: Augusto de la Torre
Publisher: World Bank Publications
ISBN: 0821365444
Category : Business & Economics
Languages : en
Pages : 232

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Book Description
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 of the maturity spectrum and denominated in foreign currency, exposing countries to maturity and currency risk. Capital markets in Latin America look particularly underdeveloped when considering the many efforts undertaken to improve the macroeconomic environment and to reform the institutions believed to foster capital market development. The disappointing performance has made conventional policy recommendations questionable, at best. 'Emerging Capital Markets and Globalization' analyzes where we stand and where we are heading on capital market development. First, it takes stock of the state and evolution of Latin American capital markets and related reforms over time and relative to other countries. Second, it analyzes the factors related to the development of capital markets, with particular interest on measuring the impact of reforms. And third, in light of this analysis, it discusses the prospects for capital market development in Latin America and emerging economies and the implications for the reform agenda.

Following the Money

Following the Money PDF Author: National Research Council
Publisher: National Academies Press
ISBN: 0309048834
Category : Political Science
Languages : en
Pages : 225

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Book Description
Many questions have been raised about America's status in the increasingly interconnected global economy. Yet key factsâ€"such as the amount of foreign assets abroad owned by U.S. citizensâ€"are not known. The crucial data needed to assess the U.S. position are unavailable. This volume explores significant shortcomings in U.S. data on international capital transactions and their implications for policymakers. The volume offers clearcut recommendations for U.S. agencies to bring data collection and analyses of the global economy into the twenty-first century. The volume explores: How factors emerging since the early 1980s have shaped world financial markets and revealed shortcomings in data collection and analysis. How the existing U.S. data system works and where it fails how measurements of international financial transactions are recorded; and how swaps, options, and futures present special reporting problems. How alternative methods, such as collecting data, from sources such as global custodians and international clearinghouses, might improve coverage and accuracy.

Liberalization, Financial Instability and Economic Development

Liberalization, Financial Instability and Economic Development PDF Author: Yılmaz Akyüz
Publisher: Anthem Press
ISBN: 1783082402
Category : Business & Economics
Languages : en
Pages : 338

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Book Description
Weighing up the costs and benefits of economic interdependence in a finance-driven world, this book argues that globalization, understood and promoted as absolute freedom for all forms of capital, has been oversold to the Global South, and that the South should be as selective about globalization as the North. ‘Liberalization, Financial Instability and Economic Development’ challenges the orthodoxy on the link between financial deepening and economic growth, as well as that between the efficiency of financial markets and the benefits of liberalization. Ultimately, the author urges developing countries to control capital flows and asset bubbles, preventing financial fragility and crises, and recommends regional policy options for managing capital flows and exchange rates.

Market Volatility and Foreign Exchange Intervention in EMEs

Market Volatility and Foreign Exchange Intervention in EMEs PDF Author: Banco de Pagos Internacionales (Basilea, Suiza). Departamento Monetario y Económico
Publisher:
ISBN: 9789291319626
Category : Banks and banking, Central
Languages : es
Pages : 0

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Book Description


The Development of Local Capital Markets

The Development of Local Capital Markets PDF Author: Mr.Luc Laeven
Publisher: International Monetary Fund
ISBN: 1498372201
Category : Business & Economics
Languages : en
Pages : 25

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Book Description
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 Integration of World Capital Markets

The Integration of World Capital Markets PDF Author: Mr.Michael Mussa
Publisher: International Monetary Fund
ISBN: 145195039X
Category : Business & Economics
Languages : en
Pages : 66

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Book Description
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 optimally diversified portfolios, correlations between domestic investment and domestic saving, and cross-country links in consumption behavior. Two recent episodes of large-scale international capital flows—namely, the turmoil in the European Monetary System in the fall of 1992, and the surge of capital inflows into Latin America during the last three years—are examined for insights into the workings of today’s global capital market. Finally, the paper offers some concluding remarks on the future development of international capital markets, on exchange rate management, on alternative approaches to living with larger and more influential financial markets, and on the financing of investment in the formerly centrally planned economies.