01330nam0-22004211i-450-99000109410040332120061218111107.0000109410FED01000109410(Aleph)000109410FED0100010941020001205d1985----km-y0itay50------bafreCH--------101yyActes de la deuxième conférence internationale des Nations Unies sur l'utilisation de l'énergie atomique a des fins pacifiquestenue à Genève du 1 au 13 septembreGenèveNations Unies1985Energia atomica539.74ITUNINARICAUNIMARCBK99000109410040332134C-009.001FI134C-009.002FI134C-009.003FI134C-009.004FI134C-009.005FI134C-009FI134C-009.006FI134C-009.012FI134C-009.007FI134C-009.008FI134C-009.009FI134C-009.010FI134C-009.011FI1FI1Actes de la deuxième conférence internationale des Nations Unies sur l'utilisation de l'énergie atomique a des fins pacifiques335267UNINA03199nam 2200673Ia 450 991046400070332120180823205155.01-4623-1036-21-4527-1677-31-282-84369-91-4518-7303-49786612843693(CKB)3170000000055312(EBL)1608377(SSID)ssj0000940017(PQKBManifestationID)11483765(PQKBTitleCode)TC0000940017(PQKBWorkID)10946747(PQKB)10908467(OCoLC)539056589(MiAaPQ)EBC1608377(EXLCZ)99317000000005531220090903d2009 uf 0engur|n|---|||||txtccrA framework for financial market development[electronic resource] /prepared by Ralph Chami, Connel Fullenkamp and Sunil SharmaWashington, D.C. International Monetary Fund, IMF Institute20091 online resource (60 p.)IMF working paper ;WP/09/156"July 2009."1-4519-1731-7 Includes bibliographical references.Contents; I. Introduction; II. The Framework: Key Players and their Incentives; A. Borrowers; B. Lenders; C. Liquidity Providers; D. Regulators; III. The Framework: Compromises That Define Financial Instruments; A. The Space of Financial Contracts; B. The Maturity-Collateral Compromise; C. The Seniority-Control Compromise; IV. Applying the Framework: Issues in Financial Market Development; A. Nascent Financial Markets; B. The Bond Market; C. Asset-Backed Securities; D. The Equity Market; E. Derivatives; F. The Loan Market and the Role of Banks; V. Concluding Remarks; ReferencesThe paper proposes a framework for examining the process of financial market development. The framework, consistent with the functional view of financial system design, is anchored in studying the incentives facing the key players in financial markets-borrowers, lenders, liquidity providers, and regulators-whose actions determine whether and how markets develop. While different financial instruments embody different concessions by borrowers and lenders, the framework emphasizes the two main compromises: the tradeoffs between maturity and collateral, and between seniority and control. The frameIMF working paper ;WP/09/156.Banks and bankingCapital marketFinancial instrumentsForeign exchange marketElectronic books.Banks and banking.Capital market.Financial instruments.Foreign exchange market.Chami Ralph933130Fullenkamp Connel933131Sharma Sunil125664IMF Institute.International Monetary Fund.MiAaPQMiAaPQMiAaPQBOOK9910464000703321A framework for financial market development2100260UNINA