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Emerging capital markets and globalization : : the Latin American experience / / Augusto de la Torre and Sergio L. Schmukler



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Autore: Torre Augusto de la Visualizza persona
Titolo: Emerging capital markets and globalization : : the Latin American experience / / Augusto de la Torre and Sergio L. Schmukler Visualizza cluster
Pubblicazione: Palo Alto, Calif. : , : Stanford University Press
Washington, DC : , : World Bank, , [2007]
copyright 2007
Descrizione fisica: xviii, 209 pages : illustrations ; ; 23 cm
Disciplina: 332/.0415098
Soggetto topico: Capital market - Latin America
Globalization - Economic aspects
Altri autori: SchmuklerSergio L  
Note generali: "A copublication of Stanford Economics and Finance, an imprint of Stanford University Press, and the World Bank."
Nota di bibliografia: Includes bibliographical references and index.
Nota di contenuto: Contents; 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
Sommario/riassunto: Back 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
Titolo autorizzato: Emerging capital markets and globalization  Visualizza cluster
ISBN: 1-280-64354-4
9786610643547
0-8213-6544-4
Formato: Materiale a stampa
Livello bibliografico Monografia
Lingua di pubblicazione: Inglese
Record Nr.: 9910777899103321
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Serie: World Bank e-Library.