The Determinants of Stock Market Development in Emerging Economies : Is South Africa Different?

Is South Africa Different?

The Determinants of Stock Market Development in Emerging Economies : Is South Africa Different?
This paper examines the institutional and macroeconomic determinants of stock market development using a panel data of 42 emerging economies for the period 1990 to 2004. The paper finds that macroeconomic factors such as income level, gross domestic investment, banking sector development, private capital flows, and stock market liquidity are READ MORE...

Publication date: February 2008
ISBN 9781451868944
$18.00

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