Asian Equity Markets Growth, Opportunities, and Challenges

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...

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Bibliographic Details
Main Author: Kramer, Charles
Other Authors: Purfield, Catriona, Oura, Hiroko, Jobst, Andreas
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 2006
Series:IMF Working Papers
Subjects:
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
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300 |a 39 pages 
651 4 |a Hong Kong Special Administrative Region, People's Republic of China 
653 |a Stock exchanges 
653 |a Finance 
653 |a Corporate Finance and Governance: Government Policy and Regulation 
653 |a Industries: Financial Services 
653 |a Deflation 
653 |a Asset prices 
653 |a International Financial Markets 
653 |a Corporate governance; role & responsibilities of boards & directors 
653 |a Financial markets 
653 |a Emerging and frontier financial markets 
653 |a Macroeconomics 
653 |a Mutual funds 
653 |a Investment Decisions 
653 |a Inflation 
653 |a Institutional Investors 
653 |a Pension Funds 
653 |a Stocks 
653 |a Financial institutions 
653 |a Financial Instruments 
653 |a General Financial Markets: General (includes Measurement and Data) 
653 |a Non-bank Financial Institutions 
653 |a Price Level 
653 |a Stock markets 
653 |a Investments: Stocks 
653 |a Corporate Governance 
653 |a Prices 
653 |a Financial services industry 
653 |a Investment & securities 
653 |a Portfolio Choice 
653 |a Finance: General 
653 |a Corporate governance 
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520 |a 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