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Emerging Capital Markets and Globalization (Latin American Development Forum)

Augusto de la Torre, Sergio Schmukler




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 | #2608925 in eBooks |  2006-10-20 |  2006-10-20 | File type: PDF

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"This insightful analysis of what went wrong in Latin America's capital markets since the 1990s is a must read for anyone interested in financial markets, international finance, or economic development. I learned an enormous amount from reading Emergi

Back in the early 1990s, economists and policy makers had high expectations about the prospects for domestic capital market development in emerging economies, particularly in Latin America. Unfortunately, they are now faced with disheartening results. Stock and bond markets remain illiquid and segmented. Debt is concentrated at the short end of the maturity spectrum and denominated in foreign currency, exposing countries to maturity and currency risk.Capital markets in L...

You easily download any file type for your gadget.Emerging Capital Markets and Globalization (Latin American Development Forum)   |  Augusto de la Torre, Sergio Schmukler. Just read it with an open mind because none of us really know.

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