LEADER 02644nam 2200589Ia 450 001 9910826870703321 005 20200520144314.0 010 $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(IMF)WPIEE2006266 035 $a(MiAaPQ)EBC3014568 035 $a(EXLCZ)993360000000443562 100 $a20060420d2006 uf 0 101 0 $aeng 135 $aur|n|---||||| 181 $ctxt 182 $cc 183 $acr 200 10$aAsian equity markets $egrowth, opportunities, and challenges /$fprepared by Catriona Purfield ...[et. al.] 205 $a1st ed. 210 $a[Washington, D.C.] $cInternational Monetary Fund$d2006 215 $a1 online resource (41 p.) 225 1 $aIMF working paper ;$vWP/06/266 300 $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 paper ;$vWP/06/266. 606 $aStock exchanges$zAsia 606 $aSecurities$zAsia 615 0$aStock exchanges 615 0$aSecurities 700 $aPurfield$b Catriona$01601444 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910826870703321 996 $aAsian equity markets$94202860 997 $aUNINA