This article examines the role played by primary and secondary equity markets in economic growth. It departs from standard literature to integrate both markets and to explicitly acknowledge the primary equity market. By employing a variety of dynamic panel estimators for 54 countries over the...

This paper examines the role played by primary and secondary equity markets in economic growth by integrating both types of market. By employing a variety of dynamic panel estimators for 54 countries over the period 1995-2010, we show that the primary equity market is not an important...

This paper seeks to add to the current debate about financial development and growth in the emerging world by looking at how different financial systems evolve: how and why financial structures change during various stages of development, how best to measure them, and seeing what practical...

This paper seeks to add to the current debate about financial development and growth in the emerging world by looking at how different financial systems evolve: how and why financial structures change during various stages of development, how best to measure them, and seeing what practical...

This paper seeks to add to the current debate about financial development and growth in the emerging world by looking at how different financial systems evolve: how and why financial structures change during various stages of development, how best to measure them, and seeing what practical...

This paper offers proposals on stimulation of Russia's innovative economic growth through share ownership diversification, improving corporate governance practice and capital structure transformation. The paper also contains concepts on how to strengthen Russia's role in global financial markets...

This paper provides Russia's financial system strategy with special emphasis on financial markets and investments in innovative growth. The post-crisis strategy in financial markets contains instruments on financial architecture modernization, proposals on domestic financial crisis monitoring...

Foreign Direct Investment (FDI) refers to an investment made by a company based in one country in to another company based in other country. FDI is often preferred over Foreign Institutional Investments (FII) as it considered to be the most beneficial form of foreign investment for an economy....

Purpose – This chapter examines the roles and challenges for the Irish economy in the aftermath of the collapse of the Celtic Tiger and the onset of the 2008 economic crisis. Specifically it does review the role that Government, the Central Bank of Ireland, and the Financial Regulator had...