Prospects for Capital Formation and Capital Markets

Prospects for Capital Formation and Capital Markets PDF Author: Arnold W. Sametz
Publisher:
ISBN:
Category : Finance
Languages : en
Pages : 145

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Book Description

Prospects for Capital Formation and Capital Markets

Prospects for Capital Formation and Capital Markets PDF Author: Arnold W. Sametz
Publisher:
ISBN:
Category : Finance
Languages : en
Pages : 145

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Book Description


The Stock Market, Credit and Capital Formation

The Stock Market, Credit and Capital Formation PDF Author: Fritz Machlup
Publisher: Ludwig von Mises Institute
ISBN: 1610163354
Category : Capital
Languages : en
Pages : 432

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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.

Global Capital Markets

Global Capital Markets PDF Author: Maurice Obstfeld
Publisher: Cambridge University Press
ISBN: 9780521671798
Category : Business & Economics
Languages : en
Pages : 386

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

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.

Capital Formation in Underdeveloped Countries

Capital Formation in Underdeveloped Countries PDF Author: Baldev Krishan Bhargava
Publisher: Delhi : Datta Book Centre
ISBN:
Category : Capital
Languages : en
Pages : 194

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Book Description
On the evaluation of theories of balanced growth and disguised unemployment; a study.

stock market development and long run growth

stock market development and long run growth PDF Author: Ross Levine
Publisher: World Bank Publications
ISBN: 6101919153
Category : Aumentoa de la produccion
Languages : en
Pages : 32

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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.

Capital Markets and Development

Capital Markets and Development PDF Author: Steve H. Hanke
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 416

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Book Description


Asia's Debt Capital Markets

Asia's Debt Capital Markets PDF Author: Douglas W. Arner
Publisher: Springer Science & Business Media
ISBN: 0387250905
Category : Business & Economics
Languages : en
Pages : 328

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Book Description
This volume comprises studies by leading research scholars in the United States and Asia on Asia’s debt capital markets. The book is unique in drawing upon the research, experience and perspectives of experts from the academic, legal, governmental and practical investment fields. They assess the risks and opportunities, and strategies for developing these markets. The authors adopt a multidisciplinary approach, encompassing economics, finance and law.