Emerging markets, industrialisation and economic development

MPRA Paper from University Library of Munich, Germany

Abstract: Abstract An outstanding feature of the world financial economy during the last decade or so has been the establishment and the very fast expansion of stock markets in developing countries. Between 1982 and 1992 the total combined capitalisation of companies quoted on the emerging markets included in the IFC list rose from less than hundred billion dollars to nearly a trillion U.S. dollars.

Keywords: developing countries; stock markets; fortune 500 companies; industrialisation (search for similar items in EconPapers)
JEL-codes: G0 O1 (search for similar items in EconPapers)
Date: 1995-01-01
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Published in Book Chapter in Sen, S., Financial Fragility, Debt and Economic Reforms, Macmillan, London and New York (1996): pp. 1-30

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Chapter: Emerging Markets, Industrialisation and Economic Development (1996)
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