Equity Market Development in Developing Countries - Rilegato

Sudweeks, Bryan Lorin

 
9780275929503: Equity Market Development in Developing Countries

Sinossi

This book argues that the development of equity market is a crucial in the construction of a viable financial system for many developing countries. Drawing upon the Emerging Markets Database of the International Finance Corporation (World Bank) and analyzing a wide range of previously unavailable data, Sudweeks identifies the factors conducive to equity market development, and why these markets may be of interest to international portfolio managers. The book is written in non-technical language and brings together for the first time a variety of different views and experience in equity market development from the private, public, and academic sectors.

Following a general introduction, Sudweeks addresses the theory behind the development of equity markets. Separate chapters discuss the benefits and costs of equity markets in developing countries, the general conditions for equity market development, measures to develop the supply and demand of shares, and portfolio implications of investing in developing countries. Three case studies examine equity market development in Brazil, India, and Korea to determine which factors have had an impact on market development. Sudweeks concludes that equity market development must be part of an overall financial development program, that equity market development is a complex, but somewhat predictable activity, and that successful equity market development requires a long-term commitment on the part of governments and key players.

Le informazioni nella sezione "Riassunto" possono far riferimento a edizioni diverse di questo titolo.

Informazioni sugli autori

BRYAN LORIN SUDWEEKS is Research and Operations Associate responsible for asset allocation and Asian operations at Emerging Markets Investors Corporation, and Adjunct Professor of Interational Investments at George Washington University.



BRYAN LORIN SUDWEEKS is Research and Operations Associate responsible for asset allocation and Asian operations at Emerging Markets Investors Corporation, and Adjunct Professor of Interational Investments at George Washington University.

Le informazioni nella sezione "Su questo libro" possono far riferimento a edizioni diverse di questo titolo.