The future of domestic capital markets in developing countries / Robert E. Litan, Michael Pomerleano, V. Dundararajan, editors.

Format:

Book

Contributor:

Litan, Robert E., 1950-

Pomerleano, Michael.

Sundararajan, Vasudevan.

Language:

English

Subjects (All):

Capital market--Developing countries.

Capital market.

Capital market--Government policy--Developing countries.

Capital market--Law and legislation--Developing countries.

Physical Description:

1 online resource (543 p.)

Edition:

1st ed.

Place of Publication:

Washington, D.C. : Brookings Institution Press, c2003.

Language Note:

English

Summary:

This volume brings together financial sector experts and leaders from around the world to provide practical guidance on strategies such as nuturing issuers, improving rules and institutions, addressing regulatory challenges and sequencing reforms.

Contents:

Cover; Title; Contents; Foreword; 1. Introduction; 2. Trends in Developing-Country Capital Markets around the World; 3. The Development of Domestic Markets for Government Bonds; 4. Bond Market Development: What Are the Policy Issues?; Panel Summary: Country Experiences with Capital Market Development; 5. Market Discipline and Financial Stability; 6. Supervision at the Micro Level: Do Disclosure-Based Regimes Work?; 7. Domestic Capital Market Reform and Access to Global Finance: Making Markets Work; 8. Capital Market Development and Nurturing the IPO Market

9. Managing Risks in Financial Market Development: The Role of Sequencing Panel Summary: Does Integrated Supervision Work in Emerging Markets?; 10. Changing Market Structures, Demutualization, and the Future of Securities Trading; 11. Corporate Governance Issues and Returns in Emerging Markets; 12. Capital Structures and Control Rights: Patterns, Trade-offs, and Policy Implications; 13. Identifying Vulnerabilities, Promoting Financial Stability, and Other Challenges; Panel Summary: Approaches to Securities Trading

14. Capital Structure, Rates of Return, and Financial Corporate Growth: Comparing Developed and Emerging Markets, 1994-200015. Corporate Financing Patterns and Performance in Emerging Markets; Panel Summary: The Role of Private Equity in the Development of Capital Markets; 16. Institutional Savings and Financial Markets: The Role of Contractual Savings Institutions; Panel Summary: The Future of Domestic Capital Markets in Developing Countries; Contributors; Index

Notes:

Description based upon print version of record.

Includes bibliographical references and index.

ISBN:

9786610812813

9781280812811

1280812818

9780815796107

0815796102

OCLC:

476016317