1.

Record Nr.

UNINA9910784489703321

Titolo

The future of domestic capital markets in developing countries [[electronic resource] /] / Robert E. Litan, Michael Pomerleano, V. Dundararajan, editors

Pubbl/distr/stampa

Washington, D.C., : Brookings Institution Press, c2003

ISBN

1-280-81281-8

9786610812813

0-8157-9610-2

Descrizione fisica

1 online resource (543 p.)

Altri autori (Persone)

LitanRobert E. <1950->

PomerleanoMichael

SundararajanVasudevan

Disciplina

332.041091724

332/.041/091724

Soggetti

Capital market - Developing countries

Capital market - Government policy - Developing countries

Capital market - Law and legislation - Developing countries

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Description based upon print version of record.

Nota di bibliografia

Includes bibliographical references and index.

Nota di contenuto

Cover; Title; Contents; Foreword; 1.  Introduction; 2.  Trends in Developing-Country Capital Markets around the World; 3.  The Development of Domestic Markets for Government Bonds; 4.  Bond Market Development:  What Are the Policy Issues?; Panel Summary:  Country Experiences with Capital Market Development; 5.  Market Discipline and Financial Stability; 6.  Supervision at the Micro Level:  Do Disclosure-Based Regimes Work?; 7.  Domestic Capital Market Reform and Access to Global Finance:  Making Markets Work; 8.  Capital Market Development and Nurturing the IPO Market

9.  Managing Risks in Financial Market Development:  The Role of Sequencing Panel Summary:  Does Integrated Supervision Work in Emerging Markets?; 10.  Changing Market Structures, Demutualization, and the Future of Securities Trading; 11.  Corporate Governance Issues and Returns in Emerging Markets; 12.  Capital Structures and Control Rights:  Patterns, Trade-offs, and Policy Implications; 13.  Identifying



Vulnerabilities, Promoting Financial Stability, and Other Challenges; Panel Summary:  Approaches to Securities Trading

14.  Capital Structure, Rates of Return, and Financial Corporate Growth:  Comparing Developed and Emerging Markets, 1994-200015.  Corporate Financing Patterns and Performance in Emerging Markets; Panel Summary:  The Role of Private Equity in the Development of Capital Markets; 16.  Institutional Savings and Financial Markets:  The Role of Contractual Savings Institutions; Panel Summary:  The Future of Domestic Capital Markets in Developing Countries; Contributors; Index

Sommario/riassunto

This volume brings together financial sector experts and leaders from around the world to provide practical guidance on strategies such as nuturing issuers, improving rules and institutions, addressing regulatory challenges and sequencing reforms.