Fixed-Income Markets in the United States, Europe, and Japan: Some Lessons for Emerging Markets
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Bibliographische Detailangaben
Beteilige Person: Schinasi, Garry J. (VerfasserIn)
Format: Elektronisch E-Book
Sprache:Englisch
Veröffentlicht: Washington, D.C International Monetary Fund 1998
Schriftenreihe:IMF Working Papers Working Paper No. 98/173
Links:http://elibrary.imf.org/view/IMF001/02559-9781451977349/02559-9781451977349/02559-9781451977349.xml
http://elibrary.imf.org/view/IMF001/02559-9781451977349/02559-9781451977349/02559-9781451977349.xml
http://elibrary.imf.org/view/IMF001/02559-9781451977349/02559-9781451977349/02559-9781451977349.xml
http://elibrary.imf.org/view/IMF001/02559-9781451977349/02559-9781451977349/02559-9781451977349.xml
http://elibrary.imf.org/view/IMF001/02559-9781451977349/02559-9781451977349/02559-9781451977349.xml
http://elibrary.imf.org/view/IMF001/02559-9781451977349/02559-9781451977349/02559-9781451977349.xml
http://elibrary.imf.org/view/IMF001/02559-9781451977349/02559-9781451977349/02559-9781451977349.xml
http://elibrary.imf.org/view/IMF001/02559-9781451977349/02559-9781451977349/02559-9781451977349.xml
http://elibrary.imf.org/view/IMF001/02559-9781451977349/02559-9781451977349/02559-9781451977349.xml
http://elibrary.imf.org/view/IMF001/02559-9781451977349/02559-9781451977349/02559-9781451977349.xml
http://elibrary.imf.org/view/IMF001/02559-9781451977349/02559-9781451977349/02559-9781451977349.xml
http://elibrary.imf.org/view/IMF001/02559-9781451977349/02559-9781451977349/02559-9781451977349.xml
http://elibrary.imf.org/view/IMF001/02559-9781451977349/02559-9781451977349/02559-9781451977349.xml
http://elibrary.imf.org/view/IMF001/02559-9781451977349/02559-9781451977349/02559-9781451977349.xml
http://elibrary.imf.org/view/IMF001/02559-9781451977349/02559-9781451977349/02559-9781451977349.xml
http://elibrary.imf.org/view/IMF001/02559-9781451977349/02559-9781451977349/02559-9781451977349.xml
http://elibrary.imf.org/view/IMF001/02559-9781451977349/02559-9781451977349/02559-9781451977349.xml
http://elibrary.imf.org/view/IMF001/02559-9781451977349/02559-9781451977349/02559-9781451977349.xml
http://elibrary.imf.org/view/IMF001/02559-9781451977349/02559-9781451977349/02559-9781451977349.xml
http://elibrary.imf.org/view/IMF001/02559-9781451977349/02559-9781451977349/02559-9781451977349.xml
http://elibrary.imf.org/view/IMF001/02559-9781451977349/02559-9781451977349/02559-9781451977349.xml
Abstract:This paper identifies factors that contributed to the development and effectiveness of debt securities markets in the major advanced economies. Government securities markets have benefited from their international orientation-debt management is most effective when it is independent of monetary and exchange rate policies; and financial infrastructures should be patterned on the standards of liquidity, transparency, issuing and trading efficiency, and tax treatment. The same degree of consensus does not exist for corporate debt securities markets. The paper identifies six regulatory and market-created factors that help explain why the U.S. corporate debt market has flourished, while corporate debt securities markets elsewhere have only recently begun to develop
Umfang:1 Online-Ressource (43 p)
ISBN:1451977344
9781451977349