Asian Equity Markets : Growth, Opportunities, and Challenges / Charles Kramer, Catriona Purfield, Hiroko Oura, Andreas Jobst.

Format:

Book

Government document

Author/Creator:

Kramer, Charles.

Contributor:

Jobst, Andreas.

Oura, Hiroko.

Purfield, Catriona.

Series:

IMF Working Papers; Working Paper ; No. 2006/266

IMF Working Papers

Language:

English

Subjects (All):

Stock exchanges--Asia.

Stock exchanges.

Securities--Asia.

Securities.

Physical Description:

1 online resource (41 p.)

Edition:

1st ed.

Place of Publication:

Washington, D.C. : International Monetary Fund, 2006.

Language Note:

English

Summary:

Asian 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.

Contents:

""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""

Notes:

"December 2006."

Includes bibliographical references.

Description based on print version record.

ISBN:

9786613825704

9781462384099

1462384099

9781452797557

1452797552

9781283513258

1283513250

9781451909791

1451909799

OCLC:

694141287