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...

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...

(Disponible en idioma inglés únicamente) El valor de las operaciones en el mercado bursátil en economías emergentes se disparó de alrededor de dos por ciento del total mundial en 1986 a 12% en 1996. Ese repunte fue acompañado por una explosión de los flujos internacionales de capitales,...