1 Subjects: “...Emerging and frontier financial markets...”

2 Subjects: “...Emerging and frontier financial markets...”

3 Subjects: “...Emerging and frontier financial markets...”

4 Subjects: “...Emerging and frontier financial markets...”

5 Subjects: “...Emerging and frontier financial markets...”

6 “..., higher than that in advanced countries but below that of major emerging markets. The elasticity...”

7 “... in emerging markets. The picture changes somewhat, however, if we take into consideration the effects...”