Emerging Equity Markets : Growth, Benefits, and Policy Concerns /

Since the mid-1980s, there has been a very substantial increase in stock market activity in many developing countries. This paper first examines the main characteristics of the emerging stock markets, and illustrates the evolution of equity prices in these markets over the last decade. It then discu...

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Bibliographic Details
Main Author: Kumar, Manmohan
Other Authors: Feldman, Robert
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 1994.
Series:IMF Policy Discussion Papers; Policy Discussion Paper ; No. 1994/007
Online Access:Full text available on IMF