05603oam 22014414 450 991097514800332120250426110601.0978661382570497814623840991462384099978145279755714527975529781283513258128351325097814519097911451909799(CKB)3360000000443562(EBL)3014568(SSID)ssj0000940056(PQKBManifestationID)11483767(PQKBTitleCode)TC0000940056(PQKBWorkID)10947842(PQKB)11316264(OCoLC)694141287(IMF)WPIEE2006266(MiAaPQ)EBC3014568(IMF)WPIEA2006266WPIEA2006266(EXLCZ)99336000000044356220020129d2006 uf 0engur|n|---|||||txtccrAsian Equity Markets : Growth, Opportunities, and Challenges /Charles Kramer, Catriona Purfield, Hiroko Oura, Andreas Jobst1st ed.Washington, D.C. :International Monetary Fund,2006.1 online resource (41 p.)IMF Working Papers"December 2006."9781451865264 1451865260 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 Papers; Working Paper ;No. 2006/266Stock exchangesAsiaSecuritiesAsiaAsset pricesimfCorporate Finance and Governance: Government Policy and RegulationimfCorporate GovernanceimfCorporate governanceimfDeflationimfEmerging and frontier financial marketsimfFinanceimfFinance: GeneralimfFinancial institutionsimfFinancial InstrumentsimfFinancial marketsimfFinancial services industryimfGeneral Financial Markets: General (includes Measurement and Data)imfIndustries: Financial ServicesimfInflationimfInstitutional InvestorsimfInternational Financial MarketsimfInvestment & securitiesimfInvestment DecisionsimfInvestments: StocksimfMacroeconomicsimfMutual fundsimfNon-bank Financial InstitutionsimfPension FundsimfPortfolio ChoiceimfPrice LevelimfPricesimfRole & responsibilities of boards & directorsimfStock exchangesimfStock marketsimfStocksimfHong Kong Special Administrative Region, People's Republic of ChinaimfStock exchangesSecuritiesAsset pricesCorporate Finance and Governance: Government Policy and RegulationCorporate GovernanceCorporate governanceDeflationEmerging and frontier financial marketsFinanceFinance: GeneralFinancial institutionsFinancial InstrumentsFinancial marketsFinancial services industryGeneral Financial Markets: General (includes Measurement and Data)Industries: Financial ServicesInflationInstitutional InvestorsInternational Financial MarketsInvestment & securitiesInvestment DecisionsInvestments: StocksMacroeconomicsMutual fundsNon-bank Financial InstitutionsPension FundsPortfolio ChoicePrice LevelPricesRole & responsibilities of boards & directorsStock exchangesStock marketsStocksKramer Charles419913Jobst Andreas1815732Oura Hiroko1816606Purfield Catriona1804078DcWaIMFBOOK9910975148003321Asian Equity Markets4372846UNINA