Over the past decades, many countries have implemented significant reforms to foster domestic capital market development. These reforms included stock market liberalization, privatization programs, and the establishment of regulatory and supervisory frameworks. Despite the intense reform efforts, the performance of capital markets in several countries has been disappointing. To study whether reforms have had the intended effects on capital markets...
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INFORMACIÓN
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2007/04/01
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Documento de trabajo sobre investigaciones relativas a políticas
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WPS4184
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1
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1
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2010/07/01
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Disclosed
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Stock market development under globalization : whither the gains from reforms ?
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capital market reform