Napoleon, Bourses, and Growth in Latin America

The value of equity market transactions in emerging economies soared from about 2 percent of the world total in 1986 to 12 percent in 1996. This boom was accompanied by an explosion of international capital flows, especially flows into developing country stock markets. Moreover, while equity flows were a negligible part of capital flows to emerging markets a decade ago, equity flows now represent about 20 percent of private capital flows to developing nations.

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Year of publication:	1997-10
Authors:	Levine, Ross
Institutions:	Inter-American Development Bank
Subject:	Policy evaluation \| Financial Markets \| Economic Development & Growth \| volatility \| liquidity \| stock market development \| WP-365

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Extent:	application/pdf
Series:	IDB Publications (Working Papers).
Type of publication:	Book / Working Paper
Notes:	The text is part of a series Working Paper Series; 365 Number 6806
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10010944093