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The Capital Markets of Emerging Europe: Institutions, Instruments and Investors

The Capital Markets of Emerging Europe: Institutions, Instruments and Investors by Li L. Ong
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Emerging European countries have made large strides in developing their local capital markets since the early-1990s. However, the rate of development has been widely disparate across countries and market segments, underpinned by the varying degrees of progress made in key areas such as establishing pricing benchmarks, adopting, implementing and enforcing securities laws and regulations, encouraging the growth of an institutional investor base, and providing adequate trading infrastructure. This paper provides an overview of the trends in the region's local capital markets, and examines the main factors that have contributed to their growth and effectiveness to date. It also discusses selected policy responses necessary to further improve the breadth and depth of these markets.
International Monetary Fund; April 2008
51 pages; ISBN 9781452760186
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Title: The Capital Markets of Emerging Europe: Institutions, Instruments and Investors
Author: Li L. Ong; Silvia Iorgova
 
ISBNs
1451914180
9781451869644
9781451914184
9781452760186