Capital Market Development in a Small Country
Download or Read eBook Capital Market Development in a Small Country PDF written by Jochen R. Andritzky and published by International Monetary Fund. This book was released on 2007-09 with total page 30 pages. Available in PDF, EPUB and Kindle.
Author | : Jochen R. Andritzky |
Publisher | : International Monetary Fund |
Total Pages | : 30 |
Release | : 2007-09 |
ISBN-10 | : UCSD:31822036518538 |
ISBN-13 | : |
Rating | : 4/5 (38 Downloads) |
Book Synopsis Capital Market Development in a Small Country by : Jochen R. Andritzky
Book excerpt: Small emerging economies, despite their significant growth, lack the scale to develop thriving capital markets from their local investor and issuer base that are able to deliver the benefits of a large, mature market. Slovenia is such an example. Despite the necessary infrastructure in place, trading has remained thin and issuance activity has been dormant. This paper proposes a two-pronged strategy for capital market development that leverages the existing setup in the context of regional integration such as within the EU. While using the case of Slovenia, this path might be indicative for other small countries that are part of a larger economically integrated region.