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http://worldcat.org/entity/work/id/58151235

Emerging capital markets and globalization : the Latin American experience

Back in the early 1990s, economists and policy makers had high expectations about the prospects for domestic capital market development in emerging economies, particularly in Latin America. Unfortunately, they are now faced with disheartening results. Stock and bond markets remain illiquid and segmented. Debt is concentrated at the short end of the maturity spectrum and denominated in foreign currency, exposing countries to maturity and currency risk. Capital markets in Latin America look particularly underdeveloped when considering the many efforts undertaken to improve the macroeconomic envi.

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  • "The author analyzes where we stand and where we are heading on capital market development. First, it takes stock of the state and evolution of capital markets and related reforms over time and across regions, focusing on the experience of Latin America. Second, it analyzes the factors related to the development of capital markets. And third, in light of this analysis, it discusses the prospects for capital market development in emerging economies and the implications for the reform agenda. - Back cover."
  • "Back in the early 1990s, economists and policy makers had high expectations about the prospects for domestic capital market development in emerging economies, particularly in Latin America. Unfortunately, they are now faced with disheartening results. Stock and bond markets remain illiquid and segmented. Debt is concentrated at the short end of the maturity spectrum and denominated in foreign currency, exposing countries to maturity and currency risk. Capital markets in Latin America look particularly underdeveloped when considering the many efforts undertaken to improve the macroeconomic envi."@en

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  • "Livres électroniques"
  • "Electronic books"
  • "Electronic books"@en
  • "Aufsatzsammlung"

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  • "Emerging capital markets and globalization : the Latin American experience"
  • "Emerging capital markets and globalization : the Latin American experience"@en
  • "Emerging capital markets and globalization : the Latin America experience"
  • "Emerging Capital Markets and Globalization cThe Latin American Experience"
  • "Emerging Capital Markets and Globalization The Latin American Experience"
  • "Emerging capital markets and globalization"
  • "Emerging capital markets and globalization the Latin American experience"
  • "Emerging capital markets and globalization the Latin American experience"@en
  • "Emerging capital markets and globalization : the Latin American perspective"@en

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