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Author/Editor:
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Stone, Mark R. ; Shimizu, Seiichi ; Nordstrom, Anna ; Ferhani, Hervé J
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Publication Date:
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December 16, 2008
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Electronic Access:
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Link to Abstract
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Electronic Access:
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Link to Table of Contents
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Summary:
This paper surveys the foreign exchange markets, money and secondary government security markets, and stock exchanges in 107 smaller economy countries. The underdevelopment of these markets impedes risk transfer, monetary policy, corporate financing, and the capacity to absorb capital inflows. This study marks a first step toward formulating policies to develop essential smaller economy financial markets by documenting the stylized facts and presenting a framework for assessing the policy issues.
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Order a print copy
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Series:
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Occasional Paper No. 265
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Subject(s):
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Banking systems | Capital markets | Central bank policy | Corporate governance | Cross country analysis | Economic integration | Financial sector | Foreign exchange | Small states | Stock markets
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English
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Publication Date:
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December 16, 2008
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ISBN/ISSN:
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978-1-58906-775-2
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Format:
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Paper
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Stock No:
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S265EA
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Pages:
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86
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Price:
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Please address any questions about this title to
publications@imf.org
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