Managing Risks in Financial Market Development : The Role of Sequencing

The Role of Sequencing

Managing Risks in Financial Market Development : The Role of Sequencing
This paper proposes an integrated and risk-based approach to the sequencing and coordination of reforms to develop domestic financial markets. The paper argues that there is a hierarchy of financial markets that reflects the complexity of risks in each market and the interlinkages among markets. On the basis of this hierarchy, a sequencing of... READ MORE...

Publication date: June 2003
ISBN 9781451853957
$15.00

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