Emerging Capital Markets and Globalization : The Latin American Experience

• Tác giả: Augusto de la Torre
• Ngôn ngữ: eng
• Ký hiệu phân loại: 303.48 Causes of change
• Thông tin xuất bản: Washington, DC: World Bank, 2012
• Bộ sưu tập: Tài liệu truy cập mở
• ID: 316644
• Chủ đề: 1. ACCOUNTING; 2. ACQUISITION COSTS; 3. ALLOCATION OF RESOURCES; 4. AUTONOMY; 5. BALANCE SHEETS

Tóm tắt

 The book should stimulate a vigorous discussion on how to best revise the reform agenda for capital market development in emerging economies going forward. This effort should involve not only country authorities but also academics and advisers from multilateral agencies such as the World Bank. The complexities highlighted in the book invite intellectual modesty, eclecticism, and constant attention to country specificity. While it does not provide detailed policy prescriptions, the book does point to issues that cannot be ignored and puts forward provocative questions for the policy debate. The policy discussion in the book is particularly interesting with respect to the following aspects: internationalization of stock markets and local currency debt markets. This paper contains the following headings: whither capital market development
  developments in capital markets
  factors behind the development and internationalization of capital markets
  and whither the reform agenda.