Equity Market Development in Developing Countries

Bryan Lorin Sudweeks

ISBN 10: 0275929507 / ISBN 13: 9780275929503

Published by Praeger, 1989

About this Item

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.

Seller Inventory # 9780275929503

Bibliographic Details

• Title: Equity Market Development in Developing Countries
• Publisher: Praeger
• Publication Date: 1989
• Language: English
• ISBN 10: 0275929507
• ISBN 13: 9780275929503
• Binding: Buch
• Condition: Neu
• Dimensions: 240W x 161H x 16D millimeters 240 millimeters width by 161 millimeters height by 16 millimeters depth
• Weight: 490 grams

About this title

Synopsis

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.

About the Author

BRYAN LORIN SUDWEEKS is Research and Operations Associate responsible for asset allocation and Asian operations at Emerging Markets Investors Corporation, and Adjunct Professor of Interational Investments at George Washington University.