Description |
1 online resource (41 pages) |
Series |
IMF working paper ; WP/05/122 |
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IMF working paper ; WP/05/122.
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Contents |
Contents -- I. INTRODUCTION -- II. LITERATURE REVIEW -- III. REGIONAL INTEGRATION: POSSIBLE BENEFITS AND OBSTACLES -- IV. PROGRESS TOWARD REGIONAL INTEGRATION AND COOPERATION -- V. REQUIREMENTS OF A WELL-FUNCTIONING REGIONAL EXCHANGE -- VI. CONCLUSIONS -- APPENDIX: Overview of National Stock Exchanges -- References |
Summary |
This paper assesses whether regional cooperation and integration of stock exchanges in eastern and southern Africa could offer a way of overcoming impediments to the exchanges' development. The paper concludes that regional cooperation and, at a later stage, integration, if carried out at the right pace and in a pragmatic way, could improve the liquidity, efficiency, and competitiveness of these exchanges. Further progress in developing national financial markets must precede any actual moves to integrate securities markets. These exchanges could meanwhile benefit from closer cooperation, including by encouraging more crossborder listings and information/technology sharing |
Notes |
"June 2005." |
Bibliography |
Includes bibliographical references (pages 36-41) |
Notes |
English |
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Print version record |
Subject |
Stock exchanges -- Africa, Eastern
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Stock exchanges -- Africa, Southern
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Stock exchanges
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Eastern Africa
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Southern Africa
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Form |
Electronic book
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Author |
International Monetary Fund. African Department, issuing body
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International Monetary Fund. International Capital Markets Department, issuing body.
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ISBN |
1283516160 |
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9781283516167 |
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9781451906776 |
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1451906773 |
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146233671X |
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9781462336715 |
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1452794561 |
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9781452794563 |
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9786613828613 |
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6613828610 |
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