메뉴 건너뛰기




Volumn 107, Issue 442, 1997, Pages 771-782

Financial liberalisation, stockmarkets and economic development

(1)  Singh, Ajit a  

a NONE

Author keywords

[No Author keywords available]

Indexed keywords

CAPITAL FLOWS; DEVELOPING WORLD; ECONOMIC GROWTH; FINANCIAL LIBERALISATION; GROWTH IMPLICATION; MARKET DEVLEOPMENT; STOCK MARKET; STOCK MARKET DEVELOPMENT;

EID: 0031453939     PISSN: 00130133     EISSN: None     Source Type: Journal    
DOI: 10.1111/j.1468-0297.1997.tb00042.x     Document Type: Article
Times cited : (325)

References (62)
  • 1
    • 4243911284 scopus 로고
    • Financial liberalisation: The key issues
    • (ed. Yilmay Akyuz and Gunther Held). Santiago: United Nations University
    • Akyuz, Y. (1993). 'Financial liberalisation: the key issues.' In Finance and the Real Economy (ed. Yilmay Akyuz and Gunther Held). Santiago: United Nations University.
    • (1993) Finance and the Real Economy
    • Akyuz, Y.1
  • 3
    • 0002905031 scopus 로고
    • Stock markets and resource allocation
    • (ed. C. Mayer and X. Vives). Cambridge: Cambridge University Press
    • Allen, F. (1993). 'Stock markets and resource allocation.' In Capital Markets and Financial Intermediation (ed. C. Mayer and X. Vives). Cambridge: Cambridge University Press.
    • (1993) Capital Markets and Financial Intermediation
    • Allen, F.1
  • 4
    • 0028828912 scopus 로고
    • A welfare comparison of intermediaries and financial markets in Germany and the US
    • Allen, F. and Gale, D. (1995). 'A welfare comparison of intermediaries and financial markets in Germany and the US.' European Economic Review, vol. 39, pp. 179-209.
    • (1995) European Economic Review , vol.39 , pp. 179-209
    • Allen, F.1    Gale, D.2
  • 5
    • 0004016989 scopus 로고
    • New York: Oxford University Press
    • Amsden, A. (1989). Asia's Next Giant. New York: Oxford University Press.
    • (1989) Asia's next Giant
    • Amsden, A.1
  • 6
    • 0027388266 scopus 로고
    • South Korea's 19805 financial reforms: Good-bye financial repression (maybe), hello new institutional restraints
    • Amsden, A. H. and Euh, Yoon-Dae, (1983). 'South Korea's 19805 financial reforms: good-bye financial repression (maybe), hello new institutional restraints.' World Development, vol. 21, no. 3, pp. 379-90.
    • (1983) World Development , vol.21 , Issue.3 , pp. 379-390
    • Amsden, A.H.1    Euh, Y.-D.2
  • 7
    • 0031451368 scopus 로고    scopus 로고
    • Financial development and economic growth: Assessing the evidence
    • Arestis, P. and Demetriades, P. (1997). 'Financial development and economic growth: assessing the evidence.' ECONOMIC JOURNAL, this issue.
    • (1997) Economic Journal , Issue.THIS ISSUE
    • Arestis, P.1    Demetriades, P.2
  • 8
    • 0000553078 scopus 로고
    • Stock markets and development
    • Atje, R. and Jovanovic, B. (1993). 'Stock markets and development.' European Economic Review, vol. 37, pp. 632-40.
    • (1993) European Economic Review , vol.37 , pp. 632-640
    • Atje, R.1    Jovanovic, B.2
  • 9
    • 3943103008 scopus 로고
    • Basle
    • Bank of International Settlements (1995). 65th Annual Report, Basle.
    • (1995) 65th Annual Report
  • 10
    • 0000375782 scopus 로고
    • The hidden cost of stock market liquidity
    • Bhide, A. (1994). 'The hidden cost of stock market liquidity.' Journal of Financial Economics, vol. 34, pp. 31-51.
    • (1994) Journal of Financial Economics , vol.34 , pp. 31-51
    • Bhide, A.1
  • 11
    • 0001703218 scopus 로고
    • Inefficiencies from financial liberalisation in the absence of well-functioning equity markets
    • May
    • Cho, Y. J. (1986). 'Inefficiencies from financial liberalisation in the absence of well-functioning equity markets.' Journal of Money, Credit and Banking, vol. 18, no. 2, May, pp. 191-200.
    • (1986) Journal of Money, Credit and Banking , vol.18 , Issue.2 , pp. 191-200
    • Cho, Y.J.1
  • 12
    • 0024799488 scopus 로고
    • Finance and development: The Korean approach
    • Winter
    • Cho, Y. J. (1989). 'Finance and development: the Korean approach.' Oxford Review of Economic Policy, vol. 5, no. 4, Winter, pp. 88-102.
    • (1989) Oxford Review of Economic Policy , vol.5 , Issue.4 , pp. 88-102
    • Cho, Y.J.1
  • 13
    • 0028828910 scopus 로고
    • The emergence of equity investment in developing countries: Overview
    • January
    • Claessens, S. (1995). 'The emergence of equity investment in developing countries: Overview.' The World Bank Economic Review, vol. 9, no. 1, January, pp. 1-18.
    • (1995) The World Bank Economic Review , vol.9 , Issue.1 , pp. 1-18
    • Claessens, S.1
  • 17
    • 0039674671 scopus 로고
    • Financial structure and the longterm view
    • July
    • Dore, R. (1985). 'Financial structure and the longterm view.' Policy Studies, July, pp. 10-29.
    • (1985) Policy Studies , pp. 10-29
    • Dore, R.1
  • 18
    • 0030460245 scopus 로고    scopus 로고
    • The surge in capital inflows to developing countries: An analytical overview
    • January
    • Fernandez-Arias, Eduardo and Montiel, P. J. (1996). 'The surge in capital inflows to developing countries: an analytical overview.' The World Bank Economic Review, vol. 10, no. 1, January, pp. 51-80.
    • (1996) The World Bank Economic Review , vol.10 , Issue.1 , pp. 51-80
    • Fernandez-Arias, E.1    Montiel, P.J.2
  • 23
    • 0001685968 scopus 로고    scopus 로고
    • In defence of financial liberalisation
    • May
    • Fry, M. J. (1997). 'In defence of financial liberalisation.' ECONOMIC JOURNAL, vol. 107 (May), pp. 754-70.
    • (1997) Economic Journal , vol.107 , pp. 754-770
    • Fry, M.J.1
  • 24
    • 0002308919 scopus 로고
    • Corporate structure, liquidity and investment: Evidence from Japanese industrial groups
    • February
    • Hoshi, Takeo, Kashyap, Anil and Sharfstein, David (1991). 'Corporate structure, liquidity and investment: evidence from Japanese industrial groups.' Quarterly Journal of Economics, vol. 106, February, pp. 33-60.
    • (1991) Quarterly Journal of Economics , vol.106 , pp. 33-60
    • Hoshi, T.1    Kashyap, A.2    Sharfstein, D.3
  • 26
    • 85033181787 scopus 로고    scopus 로고
    • JEP (1990). vol. 4, no. 2, (Spring)
    • JEP (1990). vol. 4, no. 2, (Spring).
  • 28
    • 0002815370 scopus 로고
    • Financial intermediation and economic development
    • (ed. Colin Mayer and Xavier Vives). Cambridge: Cambridge University Press
    • King, R. G. and Levine, R. (1993). 'Financial intermediation and economic development.' In Capital Markets and Financial Intermediation (ed. Colin Mayer and Xavier Vives). Cambridge: Cambridge University Press.
    • (1993) Capital Markets and Financial Intermediation
    • King, R.G.1    Levine, R.2
  • 30
    • 0001823258 scopus 로고
    • Dutch tulips and emerging markets
    • July/August
    • Krugman, P. (1995). 'Dutch tulips and emerging markets.' Foreign Affairs, vol. 74, no. 4, July/August, pp. 28-44.
    • (1995) Foreign Affairs , vol.74 , Issue.4 , pp. 28-44
    • Krugman, P.1
  • 32
    • 0002463299 scopus 로고
    • Short termism
    • (ed. J. Eatwell, M. Milgate and P. Newman). London: Macmillan
    • Marsh, P. (1992). 'Short termism.' In The New Palgrave Dictionary of Money and Finance (ed. J. Eatwell, M. Milgate and P. Newman). London: Macmillan, pp. 446-52.
    • (1992) The New Palgrave Dictionary of Money and Finance , pp. 446-452
    • Marsh, P.1
  • 34
    • 0002635935 scopus 로고
    • Financial systems, corporate finance and economic development
    • (ed. R. Glen Hubbard), Chicago and London, University of Chicago Press
    • Mayer, C. (1990). 'Financial systems, corporate finance and economic development', in Asymmetric Information, Corporate Finance and Investment (ed. R. Glen Hubbard), Chicago and London, University of Chicago Press.
    • (1990) Asymmetric Information, Corporate Finance and Investment
    • Mayer, C.1
  • 36
    • 0024223915 scopus 로고
    • Financial liberalisation in retrospect: Interest rate policies in LDCs
    • (ed. G. Ranis and T. P. Stultz). Oxford: Basil Blackwell
    • McKinnon, R. (1988). 'Financial liberalisation in retrospect: interest rate policies in LDCs.' In The State of Development Economics (ed. G. Ranis and T. P. Stultz). Oxford: Basil Blackwell. pp. 386-415.
    • (1988) The State of Development Economics , pp. 386-415
    • McKinnon, R.1
  • 37
    • 0040454243 scopus 로고
    • Giant companies in the United Kingdom 1948-69
    • Meeks, G. and Whittington, G. (1975). 'Giant companies in the United Kingdom 1948-69.' ECONOMIC JOURNAL, vol. 85, pp. 824-43.
    • (1975) Economic Journal , vol.85 , pp. 824-843
    • Meeks, G.1    Whittington, G.2
  • 38
    • 0002445517 scopus 로고
    • Emerging equity markets in the global economy
    • Summer
    • Mullins, J. (1993). 'Emerging equity markets in the global economy.' FRBNY Quarterly Review (Summer), pp. 54-83.
    • (1993) FRBNY Quarterly Review , pp. 54-83
    • Mullins, J.1
  • 39
    • 48549110620 scopus 로고
    • Corporate financing and investment decisions when firms have information that investors do not have
    • Myers, S. C. and Majluf, N. S. (1984). 'Corporate financing and investment decisions when firms have information that investors do not have.' Journal of Financial Economics, vol. 13, pp. 187-221.
    • (1984) Journal of Financial Economics , vol.13 , pp. 187-221
    • Myers, S.C.1    Majluf, N.S.2
  • 41
    • 43949170563 scopus 로고
    • The flotation of companies on the stock market
    • Pagano, M. (1993). 'The flotation of companies on the stock market.' European Economic Review, vol. 37, pp. 1101-25.
    • (1993) European Economic Review , vol.37 , pp. 1101-1125
    • Pagano, M.1
  • 42
    • 0026916527 scopus 로고
    • Capital disadvantage: America's failing capital investment system
    • September-October
    • Porter, M. E. (1992). 'Capital disadvantage: America's failing capital investment system.' Harvard Business Review (September-October), pp. 65-82.
    • (1992) Harvard Business Review , pp. 65-82
    • Porter, M.E.1
  • 43
    • 0002482181 scopus 로고
    • The rush to free trade in the developing world: Why so late? Why now? Will it last?
    • (ed. S. Haggard and S. B. Webb). New York: Oxford University Press
    • Rodrik, D. (1994). 'The rush to free trade in the developing world: Why so late? Why now? Will it last?' In Voting for Reform: The Politics of Adjustment in New Democracies (ed. S. Haggard and S. B. Webb). New York: Oxford University Press.
    • (1994) Voting for Reform: The Politics of Adjustment in New Democracies
    • Rodrik, D.1
  • 45
    • 0010518599 scopus 로고
    • Corporate takeovers
    • (ed. J. Eatwell, M. Milgate and P. Newman). London: Macmillan
    • Singh, A. (1992). 'Corporate takeovers.' in The New Palgrave Dictionary of Money and Finance (ed. J. Eatwell, M. Milgate and P. Newman). London: Macmillan, pp. 480-6.
    • (1992) The New Palgrave Dictionary of Money and Finance , pp. 480-486
    • Singh, A.1
  • 46
    • 0002104671 scopus 로고
    • The stock market and economic development: Should developing countries encourage stock markets?
    • Singh, A. (1993). 'The stock market and economic development: should developing countries encourage stock markets?', UNCTAD Review, no. 4, pp. 1-28.
    • (1993) UNCTAD Review , Issue.4 , pp. 1-28
    • Singh, A.1
  • 47
    • 0005978551 scopus 로고
    • How do large corporations in developing countries finance their growth?
    • (ed. Richard O'Brien). New York: Oxford University Press
    • Singh, A. (1994). 'How do large corporations in developing countries finance their growth?' In The AMEX Bank Prize Essays: Finance and the International Economy, no. 8 (ed. Richard O'Brien). New York: Oxford University Press, pp. 121-35.
    • (1994) The AMEX Bank Prize Essays: Finance and the International Economy , Issue.8 , pp. 121-135
    • Singh, A.1
  • 51
    • 3943090074 scopus 로고    scopus 로고
    • Liberalisation and globalisation: An unhealthy euphoria
    • (ed. J. Michie and J. Grieve Smith). Oxford: Oxford University Press. (Forthcoming)
    • Singh, A. (1997). 'Liberalisation and globalisation: an unhealthy euphoria.' In Full Employment without Inflation (ed. J. Michie and J. Grieve Smith). Oxford: Oxford University Press. (Forthcoming).
    • (1997) Full Employment Without Inflation
    • Singh, A.1
  • 55
    • 0000342340 scopus 로고
    • Credit rationing in markets with imperfect information
    • June
    • Stiglitz, J. E. and Weiss, A. (1981). 'Credit rationing in markets with imperfect information.' American Economic Review, vol. 71, no. 3, June, pp. 393-410.
    • (1981) American Economic Review , vol.71 , Issue.3 , pp. 393-410
    • Stiglitz, J.E.1    Weiss, A.2
  • 57
    • 0000500608 scopus 로고
    • Privatisation in Eastern Europe: Incentives and the economics of transition
    • (ed. O. J. Blanchard and S. S. Fischer). Cambridge, MA: MIT Press
    • Tirole, J. (1991). 'Privatisation in Eastern Europe: incentives and the economics of transition.' In NBER Macroeconomics Annual 1991 (ed. O. J. Blanchard and S. S. Fischer). Cambridge, MA: MIT Press.
    • (1991) NBER Macroeconomics Annual 1991
    • Tirole, J.1
  • 58
    • 0002459488 scopus 로고
    • On the efficiency of the financial system
    • July
    • Tobin, J. (1984). 'On the efficiency of the financial system.' Lloyds Bank Review, July, pp. 1-15.
    • (1984) Lloyds Bank Review , pp. 1-15
    • Tobin, J.1
  • 59
    • 0004201420 scopus 로고
    • Princeton: Princeton University Press
    • Wade, R. (1990). Governing the Market. Princeton: Princeton University Press.
    • (1990) Governing the Market
    • Wade, R.1
  • 60
    • 0010486407 scopus 로고
    • Study Group Series no. 5. Helsinki: World Institute For Development Economics Research of the United Nations University
    • WIDER (1990). Foreign Portfolio Investment in Emerging Equity Markets. Study Group Series no. 5. Helsinki: World Institute For Development Economics Research of the United Nations University.
    • (1990) Foreign Portfolio Investment in Emerging Equity Markets
  • 61
    • 85040880971 scopus 로고
    • New York: Oxford University Press
    • World Bank (1989). World Development Report 1989. New York: Oxford University Press.
    • (1989) World Development Report 1989
  • 62
    • 0003525356 scopus 로고
    • New York: Oxford University Press
    • World Bank (1993). The East Asian Miracle. New York: Oxford University Press.
    • (1993) The East Asian Miracle


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.