Developing essential financial markets in smaller economies : stylized facts and policy options
著者
書誌事項
Developing essential financial markets in smaller economies : stylized facts and policy options
（Occasional paper / International Monetary Fund, no. 265）
International Monetary Fund, c2009
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注記
Includes bibliographical references (p. 70-73)
内容説明・目次
内容説明
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.
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