LEADER 05384oam 22013454 450 001 9910788410103321 005 20230828232526.0 010 $a1-4623-8409-9 010 $a1-4527-9755-2 010 $a1-283-51325-0 010 $a9786613825704 010 $a1-4519-0979-9 035 $a(CKB)3360000000443562 035 $a(EBL)3014568 035 $a(SSID)ssj0000940056 035 $a(PQKBManifestationID)11483767 035 $a(PQKBTitleCode)TC0000940056 035 $a(PQKBWorkID)10947842 035 $a(PQKB)11316264 035 $a(OCoLC)694141287 035 $a(MiAaPQ)EBC3014568 035 $a(IMF)WPIEE2006266 035 $a(EXLCZ)993360000000443562 100 $a20020129d2006 uf 0 101 0 $aeng 135 $aur|n|---||||| 181 $ctxt 182 $cc 183 $acr 200 10$aAsian Equity Markets : $eGrowth, Opportunities, and Challenges /$fCharles Kramer, Catriona Purfield, Hiroko Oura, Andreas Jobst 210 1$aWashington, D.C. :$cInternational Monetary Fund,$d2006. 215 $a1 online resource (41 p.) 225 1 $aIMF Working Papers 300 $a"December 2006." 311 $a1-4518-6526-0 320 $aIncludes bibliographical references. 327 $a""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"" 330 3 $aAsian equity markets have grown significantly in size since the early 1990s, driven by strong international investor inflows, growing regional financial integration, capital account liberalization, and structural improvements to markets. The development of equity markets provides a more diversified set of channels for financial intermediation to support growth, thus bolstering medium-term financial stability. At the same time, as highlighted by the May-June 2006 market corrections, the increasing role of stock markets potentially changes the nature of macroeconomic and financial stability risks, as well as the policy requirements for dealing with these risks. 410 0$aIMF Working Papers; Working Paper ;$vNo. 2006/266 606 $aStock exchanges$zAsia 606 $aSecurities$zAsia 606 $aFinance: General$2imf 606 $aInvestments: Stocks$2imf 606 $aMacroeconomics$2imf 606 $aCorporate Governance$2imf 606 $aIndustries: Financial Services$2imf 606 $aPortfolio Choice$2imf 606 $aInvestment Decisions$2imf 606 $aInternational Financial Markets$2imf 606 $aPension Funds$2imf 606 $aNon-bank Financial Institutions$2imf 606 $aFinancial Instruments$2imf 606 $aInstitutional Investors$2imf 606 $aGeneral Financial Markets: General (includes Measurement and Data)$2imf 606 $aPrice Level$2imf 606 $aInflation$2imf 606 $aDeflation$2imf 606 $aCorporate Finance and Governance: Government Policy and Regulation$2imf 606 $aFinance$2imf 606 $aInvestment & securities$2imf 606 $aCorporate governance$2imf 606 $arole & responsibilities of boards & directors$2imf 606 $aStock markets$2imf 606 $aStocks$2imf 606 $aEmerging and frontier financial markets$2imf 606 $aAsset prices$2imf 606 $aFinancial markets$2imf 606 $aFinancial institutions$2imf 606 $aPrices$2imf 606 $aMutual funds$2imf 606 $aStock exchanges$2imf 606 $aFinancial services industry$2imf 607 $aHong Kong Special Administrative Region, People's Republic of China$2imf 615 0$aStock exchanges 615 0$aSecurities 615 7$aFinance: General 615 7$aInvestments: Stocks 615 7$aMacroeconomics 615 7$aCorporate Governance 615 7$aIndustries: Financial Services 615 7$aPortfolio Choice 615 7$aInvestment Decisions 615 7$aInternational Financial Markets 615 7$aPension Funds 615 7$aNon-bank Financial Institutions 615 7$aFinancial Instruments 615 7$aInstitutional Investors 615 7$aGeneral Financial Markets: General (includes Measurement and Data) 615 7$aPrice Level 615 7$aInflation 615 7$aDeflation 615 7$aCorporate Finance and Governance: Government Policy and Regulation 615 7$aFinance 615 7$aInvestment & securities 615 7$aCorporate governance 615 7$arole & responsibilities of boards & directors 615 7$aStock markets 615 7$aStocks 615 7$aEmerging and frontier financial markets 615 7$aAsset prices 615 7$aFinancial markets 615 7$aFinancial institutions 615 7$aPrices 615 7$aMutual funds 615 7$aStock exchanges 615 7$aFinancial services industry 700 $aKramer$b Charles$0419913 701 $aPurfield$b Catriona$01546549 701 $aOura$b Hiroko$01546550 701 $aJobst$b Andreas$01493527 801 0$bDcWaIMF 906 $aBOOK 912 $a9910788410103321 996 $aAsian Equity Markets$93802237 997 $aUNINA