Developing Essential Financial Markets in Smaller Economies : Stylized Facts and Policy Options.

This paper surveys the foreign exchange markets, money and secondary government security markets, and stock exchanges in 107 smaller economy countries. The underdevelopment of these markets impedes risk transfer, monetary policy, corporate financing, and the capacity to absorb capital inflows. This...

وصف كامل

التفاصيل البيبلوغرافية
مؤلف مشترك: International Monetary Fund
التنسيق: دورية
اللغة:English
منشور في: Washington, D.C. : International Monetary Fund, 2008.
سلاسل:Occasional Papers; Occasional Paper ; No. 2008/006
الوصول للمادة أونلاين:Full text available on IMF
الوصف
الملخص:This paper surveys the foreign exchange markets, money and secondary government security markets, and stock exchanges in 107 smaller economy countries. The underdevelopment of these markets impedes risk transfer, monetary policy, corporate financing, and the capacity to absorb capital inflows. This study marks a first step toward formulating policies to develop essential smaller economy financial markets by documenting the stylized facts and presenting a framework for assessing the policy issues.
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وصف مادي:1 online resource (86 pages)
التنسيق:Mode of access: Internet
تدمد:0251-6365
وصول:Electronic access restricted to authorized BRAC University faculty, staff and students