Wow! eBook
Emerging Capital Markets and Globalization: The Latin American Experience
Author(s): Augusto de la Torre (Author), Sergio Schmukler (Author)
- Publisher: World Bank Publications
- Publication Date: 30 Oct. 2006
- Edition: Illustrated
- Language: English
- Print length: 220 pages
- ISBN-10: 0821365436
- ISBN-13: 9780821365434
Book Description
This book sheds light on the analytical, empirical, and policy dimensions of a basic stylized fact - that the development of local capital markets in most of Latin America has been quite poor relative to other emerging economies and to global trends. Importantly, it discusses the implications for the capital market reform agenda going forward, emphasizing the need for revisions to the prevalent policy paradigm.
