institutional reform in emerging securities markets

institutional reform in emerging securities markets PDF Author:
Publisher: World Bank Publications
ISBN:
Category :
Languages : en
Pages : 37

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Book Description

institutional reform in emerging securities markets

institutional reform in emerging securities markets PDF Author:
Publisher: World Bank Publications
ISBN:
Category :
Languages : en
Pages : 37

Get Book Here

Book Description


Institutional Reform in Emerging Securities Markets

Institutional Reform in Emerging Securities Markets PDF Author: Robert Pardy
Publisher:
ISBN:
Category : Developing countries
Languages : en
Pages : 48

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Book Description
Developing a securities market is a long-term, multifaceted task that requires extensive institutional development, for which there are few shortcuts. And many of the changes required have both positive and negative ramifications in other parts of the financial system and the economy.

Financial Market Regulation and Reforms in Emerging Markets

Financial Market Regulation and Reforms in Emerging Markets PDF Author: Masahiro Kawai
Publisher: Brookings Institution Press
ISBN: 0815704895
Category : Business & Economics
Languages : en
Pages : 441

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Book Description
"In the wake of the global financial crisis that began in 2008, offers a systematic overview of recent developments in regulatory frameworks in advanced and emerging-market countries, outlining challenges to improving regulation, markets, and access in developing economies"--Provided by publisher.

On the Measurement of Market-oriented Reforms

On the Measurement of Market-oriented Reforms PDF Author: Raimundo Soto
Publisher: World Bank Publications
ISBN:
Category : Free trade
Languages : en
Pages : 66

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Book Description
"Loayza and Soto present policy and outcome-based ways of measuring the progress of market-oriented reforms in both traditional areas of first-generation reform and the areas of institutional reform that have been emphasized lately. These policy areas are the domestic financial system, international financial markets, international trade, the labor market, the tax system, public infrastructure and public firms, the legal and regulatory framework, and governance. For each of them, the authors first discuss the general principles underlying market-oriented reform. Second, they present various indicators of the policy stance in the area in question. And third, they present various outcome indicators of the policy stance. This paper is a product of Investment Climate Team, Development Research Group is part of a larger effort in the group to understand the process of economic reform"--World Bank web site.

Institutional Investors, Pension Reform and Emerging Securities Markets

Institutional Investors, Pension Reform and Emerging Securities Markets PDF Author: H. J. Blommestein
Publisher:
ISBN:
Category : Comparative marketing
Languages : en
Pages : 60

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Book Description


The Political Economy of Institutional Reform

The Political Economy of Institutional Reform PDF Author: Todd Leith Edwards
Publisher:
ISBN:
Category : Mexico
Languages : en
Pages : 406

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Book Description


New Special Study of the Securities Markets

New Special Study of the Securities Markets PDF Author: Allen Ferrell
Publisher:
ISBN:
Category :
Languages : en
Pages : 73

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Book Description
This essay, written for the Conference on the New Special Study of Securities Markets at Columbia Law School, identifies the key regulatory challenges posed by institutional intermediaries in America's capital markets. We survey existing legal and economic research and suggest new areas for regulatory reform and scholarly inquiry. We cover registered investment companies (such as mutual funds), private investment funds (such as hedge funds and private equity funds), credit-rating agencies, and broker-dealers.

Stock market development under globalization: whither the gains from reforms?

Stock market development under globalization: whither the gains from reforms? PDF Author: Augusto de la Torre, Sergio L. Schmukler, Juan Carlos Gozzi
Publisher: World Bank Publications
ISBN:
Category :
Languages : en
Pages : 38

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Book Description
Abstract: Over the past decades, many countries have implemented significant reforms to foster domestic capital market development. These reforms included stock market liberalization, privatization programs, and the establishment of regulatory and supervisory frameworks. Despite the intense reform efforts, the performance of capital markets in several countries has been disappointing. To study whether reforms have had the intended effects on capital markets, the authors analyze the impact of six capital market reforms on domestic stock market development and internationalization using event studies. They find that reforms tend to be followed by significant increases in domestic market capitalization, trading, and capital raising. Reforms are also followed by an increase in the share of activity in international equity markets, with potential negative spillover effects on domestic markets.

Emerging Financial Markets and the Role of International Financial Organizations

Emerging Financial Markets and the Role of International Financial Organizations PDF Author: Joseph Norton
Publisher: Springer
ISBN: 9789041109095
Category : Business & Economics
Languages : en
Pages : 0

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Book Description
This book brings together the papers presented at a conference on `Emerging Financial Markets and the Role of International Organisations' which was held in May 1995 and organised under the auspices of the Offices of the European Bank for Reconstruction and Development, SMU School of Law Dallas, QMW College, Centre for Commercial Law Studies and King's College London. The papers are written by leading experts and cover a broad range of topics, including general policy and institutional issues, securities and banking markets. The editors have provided an invaluable service in bringing together for a wider audience this significant collection of thought-provoking papers.

The Re-Emerging Securities Market in China

The Re-Emerging Securities Market in China PDF Author: Mei Xia
Publisher: Praeger
ISBN:
Category : Business & Economics
Languages : en
Pages : 208

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Book Description
This unique book examines the re-emergence of a securities market in the People's Republic of China, providing a comprehensive analysis of the market forces that are transforming China's centrally planned economy. The authors provide answers to the key issues such as: Why did a securities market develop in China? How do market practices compare with those in other countries? What are the major difficulties encountered in the development process of the securities market, and what growth potential does the Chinese securities market have? Based on Dr. Xia's comprehensive survey of officials at Chinese securities issuing companies, government policy agencies, and stock exchange centers, the authors offer a comprehensive report on the investment climate in China and its future. After reviewing briefly the emerging securities markets of other developing countries and the impact of the international debt crisis, the authors examine the economic reforms in China and their impact on China's business climate. An in-depth discussion of financial sector developments, the regulatory framework and scope of the securities market, and a profile of market participants precedes a comprehensive examination of the type and nature of bond and stock issuing activities. The operations of securities trading centers, including secondary markets and, in particular, the Shanghai Exchange, is explained in detail with the conclusion offering unique insights into the development prospects of these markets. Essential to all investors in China, this book is also an important source of information for academics, researchers, and business executives.