02644nam 2200589Ia 450 991082687070332120200520144314.01-4623-8409-91-4527-9755-21-283-51325-097866138257041-4519-0979-9(CKB)3360000000443562(EBL)3014568(SSID)ssj0000940056(PQKBManifestationID)11483767(PQKBTitleCode)TC0000940056(PQKBWorkID)10947842(PQKB)11316264(OCoLC)694141287(IMF)WPIEE2006266(MiAaPQ)EBC3014568(EXLCZ)99336000000044356220060420d2006 uf 0engur|n|---|||||txtccrAsian equity markets growth, opportunities, and challenges /prepared by Catriona Purfield ...[et. al.]1st ed.[Washington, D.C.] International Monetary Fund20061 online resource (41 p.)IMF working paper ;WP/06/266"December 2006."1-4518-6526-0 Includes bibliographical references.""Contents""; ""I. THE EMERGENCE OF ASIAN STOCK MARKETS""; ""II. PERFORMANCE OF ASIAN EMERGING STOCK MARKETS""; ""III. ARE ASIAN MARKETS OVERHEATING?""; ""IV. EQUITY PRICES AND ECONOMIC ACTIVITY""; ""V. POLICY IMPLICATIONS""; ""APPENDIX I: THE DEVELOPMENT OF EQUITY DERIVATIVES MARKETS IN ASIA""; ""REFERENCES""Asian equity markets have grown significantly in size since the early 1990s, driven by strong international investor inflows, growing regional financial integration, capital account liberalization, and structural improvements to markets. The development of equity markets provides a more diversified set of channels for financial intermediation to support growth, thus bolstering medium-term financial stability. At the same time, as highlighted by the May-June 2006 market corrections, the increasing role of stock markets potentially changes the nature of macroeconomic and financial stability risks, as well as the policy requirements for dealing with these risks.IMF working paper ;WP/06/266.Stock exchangesAsiaSecuritiesAsiaStock exchangesSecuritiesPurfield Catriona1601444MiAaPQMiAaPQMiAaPQBOOK9910826870703321Asian equity markets4202860UNINA