Developing Essential Financial Markets in Smaller Economies - Stylized Facts and Policy Options (Paperback)

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.--Publisher's description.

General

Imprint:	International Monetary Fund (IMF)
Country of origin:	United States
Release date:	February 2009
First published:	February 2009
Authors:	Herve Jacques Ferhani • Mark R Stone • Anna Nordstrom • Seiichi Shimizu
Dimensions:	280mm (L)
Format:	Paperback
Pages:	86
ISBN-13:	978-1-58906-775-2
Categories:	Books > Business & Economics > Economics > Development economics Books > Business & Economics > Finance & accounting > Finance > Investment & securities > General Books > Money & Finance > Investment & securities > General
LSN:	1-58906-775-4
Barcode:	9781589067752

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