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

Stylized Facts and Policy Options

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 study marks a first step toward formulating... READ MORE...

Publication date: December 2008
ISBN 9781589067752
$33.00

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