Link to the University of Pittsburgh
Link to the University Library SystemContact us link
AEI Banner

Financial liberalization, stock markets and growth in economies with underdeveloped financial markets. European Political Economy Review Vol. 3, No. 2 (Winter 2005-2006), pp. 53-86

Springler, Elisabeth. (2006) Financial liberalization, stock markets and growth in economies with underdeveloped financial markets. European Political Economy Review Vol. 3, No. 2 (Winter 2005-2006), pp. 53-86. [Policy Paper]

[img]
Preview
PDF
Download (199Kb) | Preview

    Abstract

    In the 1990s numerous developed as well as underdeveloped economies suffered from banking crises after following the advice of financial market liberalization theory and liberalized the banking sector as well as the stock exchange. Despite of these evidences theoretical arguments of financial liberalization theorists are still undoubted and proposals for restructuring international financial markets to increase stability, act in the tradition of financial market liberalization. Aiming to analyse the causalities of financial market liberalization theory for developments on national stock exchanges and the impacts for economic growth this paper discusses the evolution of the Athens Stock Exchange as best case scenario.

    Export/Citation:EndNote | BibTeX | Dublin Core | ASCII (Chicago style) | HTML Citation | OpenURL
    Social Networking:
    Item Type: Policy Paper
    Uncontrolled Keywords: economic development, stock exchanges, wealth effects, consumption
    Subjects for non-EU documents: EU policies and themes > Policies & related activities > economic and financial affairs > Single Market > capital, goods, services, workers
    Countries > Greece
    Subjects for EU documents: UNSPECIFIED
    EU Series: UNSPECIFIED
    ["eprint_fieldname_eusries" not defined]: UNSPECIFIED
    EU Annual Reports: UNSPECIFIED
    Series: Journals > European Political Economy Review
    Depositing User: Phil Wilkin
    Official EU Document: No
    Language: English
    Date Deposited: 17 Jun 2008
    Page Range: p. 34
    Last Modified: 15 Feb 2011 17:53
    URI: http://aei.pitt.edu/id/eprint/8371

    Actions (login required)

    View Item

    Document Downloads