Back in the early 1990s, economists and policy makers had high expectations about the prospects for domestic capital market development in emerging economies, p

This volume brings together financial sector experts and leaders from around the world to provide practical guidance on strategies such as nuturing issuers, imp

Developing countries need additional, cross-border capital channeled into their private sectors to generate employment and growth, reduce poverty, and meet the

This paper discusses the extent to which national capital markets have become linked, and identifies several of the more important consequences of that increase

A Brookings Institution Press, the World Bank, and the International Monetary Fund publication The extensive reforms and liberalization of financial services in