Equity Market Development in Developing Countries

Language: English

Published by Praeger, 1989

0275929507 / 9780275929503

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nach der Bestellung gedruckt Neuware - Printed after ordering - This book argues that the development of equity market is a crucial in the construction of a viable financial system for many developing countries. Drawing upon the Emerging Markets Database of the International Finance Corporation (World Bank) and analyzing a wide range of previously unavailable data, Sudweeks identifies the factors conducive to equity market development, and why these markets may be of interest to international portfolio managers. The book is written in non-technical language and brings together for the first time a variety of different views and experience in equity market development from the private, public, and academic sectors. Following a general introduction, Sudweeks addresses the theory behind the development of equity markets. Separate chapters discuss the benefits and costs of equity markets in developing countries, the general conditions for equity market development, measures to develop the supply and demand of shares, and portfolio implications of investing in developing countries. Three case studies examine equity market development in Brazil, India, and Korea to determine which factors have had an impact on market development. Sudweeks concludes that equity market development must be part of an overall financial development program, that equity market development is a complex, but somewhat predictable activity, and that successful equity market development requires a long-term commitment on the part of governments and key players.…

Title
Equity Market Development in Developing Countries
Author
Bryan Lorin Sudweeks
Publisher
Praeger
Publication year
1989
Condition
Neu
Binding
Buch
Language
English
ISBN 10
0275929507
ISBN 13
9780275929503
Item weight
440 grams
Dimensions
240x161x16 mm

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