LEADER 02937nam 2200637Ia 450 001 9910452147703321 005 20200520144314.0 010 $a1-280-64354-4 010 $a9786610643547 010 $a0-8213-6544-4 035 $a(CKB)1000000000467658 035 $a(EBL)459417 035 $a(OCoLC)77003884 035 $a(SSID)ssj0000086537 035 $a(PQKBManifestationID)11126523 035 $a(PQKBTitleCode)TC0000086537 035 $a(PQKBWorkID)10029666 035 $a(PQKB)11604441 035 $a(MiAaPQ)EBC459417 035 $a(Au-PeEL)EBL459417 035 $a(CaPaEBR)ebr10146802 035 $a(CaONFJC)MIL64354 035 $a(OCoLC)935270825 035 $a(EXLCZ)991000000000467658 100 $a20060823d2007 uf 0 101 0 $aeng 135 $aurcn||||||||| 181 $ctxt 182 $cc 183 $acr 200 10$aEmerging capital markets and globalization$b[electronic resource] $ethe Latin American experience /$fAugusto de la Torre and Sergio L. Schmukler 210 $aPalo Alto, Calif. $cStanford University Press$dc2007 215 $a1 online resource (232 p.) 225 1 $aLatin American development forum 300 $a"A copublication of Stanford Economics and Finance, an imprint of Stanford University Press, and the World Bank." 311 $a0-8213-6543-6 320 $aIncludes bibliographical references and index. 327 $aContents; Foreword; Acknowledgments; About the Authors; Abbreviations; 1 Whither Capital Market Development?; 2 Developments in Capital Markets; Figures; 3 Factors behind the Development and Internationalization of Capital Markets; Tables; 4 Whither the Reform Agenda?; Endnotes; References; Index 330 $aBack in the early 1990's, economists and policy makers had high expectations about the prospects for domestic capital market development in emerging economies, particularly in Latin America. Unfortunately, they are now faced with disheartening results. Stock and bond markets remain illiquid and segmented. Debt is concentrated at the short end of the maturity spectrum and denominated in foreign currency, exposing countries to maturity and currency risk. Capital markets in Latin America look particularly underdeveloped when considering the many efforts undertaken to improve the macroeconomic envi 410 0$aLatin American development forum. 606 $aCapital market$zLatin America 606 $aGlobalization$xEconomic aspects 608 $aElectronic books. 615 0$aCapital market 615 0$aGlobalization$xEconomic aspects. 676 $a332/.0415098 700 $aTorre$b Augusto de la$0881878 701 $aSchmukler$b Sergio L$0943511 712 02$aWorld Bank. 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910452147703321 996 $aEmerging capital markets and globalization$92467763 997 $aUNINA