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This study analyzes the impact of regional cross-listing of stocks on the depth of the stock markets in sub-Saharan Africa (SSA). It analyzes data from 1990 to 2007 for a panel of 13 stock markets in SSA countries, only some of which have regional cross-listings. Using event study methodology,...
Persistent link: https://www.econbiz.de/10005769177
Observers have often characterized asset markets as being subject to periods of tranquility and periods of turbulence. Until recently, however, researchers were unable to produce closed-form asset pricing formulas in a model environment of time-varying risk. Some work by Abel provided us with...
Persistent link: https://www.econbiz.de/10014396175
Although Turkey’s economic performance has been strong, growing external imbalances exposed the country to a reversal …
Persistent link: https://www.econbiz.de/10014404834
This paper examines Turkey’s Seventh Review Under the Stand-By Arrangement, and Requests for Waiver of Applicability …
Persistent link: https://www.econbiz.de/10014404859
This paper assesses Turkey’s Tenth Review Under the Stand-By Arrangement (SBA). The IMF supports Turkey’s economic …
Persistent link: https://www.econbiz.de/10014407177
In recent years, the IMF has released a growing number of reports and other documents covering economic and financial developments and trends in member countries. Each report, prepared by a staff team after discussions with government officials, is published at the option of the member country
Persistent link: https://www.econbiz.de/10014407346
This paper examines Turkey’s 2002 Article IV Consultation and First Review Under the Stand-By Arrangement (SBA). In … against future crises, and to continue Turkey’s ambitious reform agenda. Under the 2002–04 Program, the continuation of the …
Persistent link: https://www.econbiz.de/10014407347
This paper examines Turkey’s Request for a Stand-By Arrangement (SBA). The program contains several measures to free up … the growth potential of Turkey’s private sector. The program rightly addresses key obstacles to domestic and foreign … private investment. Although the program faces real risks, Turkey’s policy record under the May 2001 program increases the …
Persistent link: https://www.econbiz.de/10014407348
Prudent macroeconomic policies helped Turkey to achieve economic growth under the Stand-By Arrangement. Executive …
Persistent link: https://www.econbiz.de/10014405545
This report focuses on Observance of Standards and Codes on Fiscal Transparency for Turkey. Turkey has continued to … before Turkey will fully meet the requirements of the Code …
Persistent link: https://www.econbiz.de/10014405647