Developing essential financial markets in smaller economies : stylized facts and policy options

Author(s)

• Ferhani, Hervé
• Stone, Mark
• Nordstrom, Anna
• Shimizu, Seiichi

Bibliographic Information

Developing essential financial markets in smaller economies : stylized facts and policy options

Hervé Ferhani, Mark Stone, Anna Nordstrom and Seiichi Shimizu

（Occasional paper / International Monetary Fund, no. 265）

International Monetary Fund, c2009

Note

Includes bibliographical references (p. 70-73)

Description and Table of Contents

Description

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.

by "Nielsen BookData"

Details

• NCID: BA89460401
• ISBN:
  • 9781589067752
• Country Code: us
• Title Language Code: eng
• Text Language Code: eng
• Place of Publication: Washington, D.C.
• Pages/Volumes: x, 75 p.
• Size: 28 cm
• Parent Bibliography ID:
  • BA00253338