haku: @author Hale, D. / yhteensä: 6
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| Tekijä: | Hale, D. |
| Otsikko: | Stock markets in the new world order |
| Lehti: | Columbia Journal of World Business
1994 : SUMMER, VOL. 29:2, p. 14-28 |
| Asiasana: | STOCK MARKETS WORLD ECONOMY ECONOMICS |
| Kieli: | eng |
| Tiivistelmä: | The dramatic expansion of capital markets in emerging economies the world over is far from a recent, isolated occurrence. As David Hale observes, this is less a new development, and much more akin to the international financial environment that flourished prior to the First World War. It is a phenomena resulting from the rebirth of liberal economic ideas in many developing countries, the expanded role of securitized forms of financial intermeditation everywhere and a search for higher asset returns by investors in the mature industrial countries. |
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