Browse Results What Download Format Should I Choose?

Showing 1 through 6 of 6 results

Emerging Capital Markets and Globalization

by Sergio Schmukler Augusto De la Torre

Back in the early 1990s, economists and policy makers had high expectations about the prospects for domestic capital market development in emerging economies, particularly in Latin America. Unfortunately, they are now faced with disheartening results. Stock and bond markets remain illiquid and segmented. Debt is concentrated at the short end of the maturity spectrum and denominated in foreign currency, exposing countries to maturity and currency risk. Capital markets in Latin America look particularly underdeveloped when considering the many efforts undertaken to improve the macroeconomic environment and to reform the institutions believed to foster capital market development. The disappointing performance has made conventional policy recommendations questionable, at best. 'Emerging Capital Markets and Globalization' analyzes where we stand and where we are heading on capital market development. First, it takes stock of the state and evolution of Latin American capital markets and related reforms over time and relative to other countries. Second, it analyzes the factors related to the development of capital markets, with particular interest on measuring the impact of reforms. And third, in light of this analysis, it discusses the prospects for capital market development in Latin America and emerging economies and the implications for the reform agenda.

International Capital Markets: Developments and Prospects

by Alessandro Leipold Donald Mathieson Mohamed El-Erian David Folkerts-Landau John Clark Augusto De la Torre Juan Carlos Di Tata Steven Fries Liliana Rojas-Suarez Louis Pauly

This report reviews and assesses recent developments in the mature and emerging markets and continues the analysis of key structural changes in global financial markets that has been presented in previous reports. The survey generally covers the 12-month period ending in June 2000. Over this period global financial conditions in the main improved in tandem with the strong rebound of the global economy. Credit concerns have eased following the most severe market turbulence in the post war period and global investors became more willing to engage in risk taking. The continued rapid growth of US productivity - largely related to the 'new economy' - helped sustain the low inflation expansion in the United States, and spurred US and worldwide investment. Chapters in the report focus on emerging market financing; private sector involvement in crisis prevention and resolution; the role of foreign banks in emerging markets.

International Capital Markets Developments and Prospects, April 1990

by Mark Allen Donald Mathieson Charles Collyns Augusto De la Torre Mohamed Ei-Erian David Folkerts-Landau Tim Lane Liliana Rojas-Suarez Poul Thomsen Louis Pauly Can Demir Rosa Vera-Bunge

This report presents the annual survey of international capital market developments and prospects. It reviews trends in the main market segments and seeks to analyze the principal forces underlying these developments, in particular the progressive integration of markets and the related globalization of investor and borrower behavior.

Low-Carbon Development: Latin American Responses to Climate Change

by Augusto De la Torre Pablo Fajnzylber John Nash

This book, the companion volume to 'Low Carbon, High Growth: Latin American Responses to Climate Change', examines some of the major threats posed by climate change to the region's economies, societies, and biodiversity. It describes the patterns of greenhouse gas emissions in the Latin America and Caribbean region and in specific countries, finding that the future trajectory could be increases in emissions relative to other regions. 'Low-Carbon Development' explains why it is in the region's best interest to participate actively in global efforts to reduce emissions and what type of global climate change architecture could allow the countries to make their most effective contributions. Finally, the book lays out an agenda for domestic policies and investments to help the countries adapt to climate change while reducing their emissions profiles. It will be useful to policy makers, civil society organizations, and researchers working in climate change.

Natural Resources in Latin America and the Caribbean: Beyond Booms and Busts?

by Augusto De la Torre Emily Sinnott John Nash

Policy makers in many countries in the Latin American and Caribbean region have found it challenging to determine how to treat natural resource commodity production and how to manage the recurrent cycles of booms and busts. 'Natural Resources in Latin America and the Caribbean: Beyond Booms and Busts?' addresses the major concerns associated with commodity dependence, summarizing the state of the art in existing literature and filling in the knowledge gaps with new analysis. The report finds that some commonly accepted negative effects of dependence on natural resources are largely myths, while some are realities. But the authors find that all the effects can be managed, and they provide practical advice on how to do so. Issues covered include long-term fiscal growth, fiscal volatility, institutional impacts, and environmental and social effects. The report analyzes the implications for the region's development and policies. 'Natural Resources in Latin America and the Caribbean: Beyond Booms and Busts?' will be of interest to policy makers, academics, and analysts, as well as others interested in the economics of commodity markets and their role in economic development.

Showing 1 through 6 of 6 results

Help

Select your download format based upon: 1) how you want to read your book, and 2) compatibility with your reading tool. For more details, visit the Formats page under the Getting Started tab.

See and hear words read aloud
  • DAISY Text - See words on the screen and hear words being read aloud with the text-to-speech voice installed on your reading tool. Navigate by page, chapter, section, and more. Can also be used in audio-only mode. Compatible with many reading tools, including Bookshare’s free reading tools.
  • DAISY Text with Images - Similar to DAISY Text with the addition of images within the Text. Your reading tool must support images.
  • Read Now with Bookshare Web Reader - Read and see images directly from your Internet browser without downloading! Text-to-speech voicing and word highlighting are available on Google Chrome (extension installation required). Other browsers can be used with limited features. Learn more
Listen to books with audio only
  • DAISY Audio - Listen to books in audio-only mode with the high-quality Kendra voice by Ivona pre-installed. Navigate by page, chapter, section, and more. Must be used with a DAISY Audio compatible reading tool.
  • MP3 - Listen to books in audio-only mode with the high-quality Kendra voice by Ivona pre-installed. Navigate using tracks. Can be used with any MP3 player.
Read in Braille
  • BRF (Braille Ready Format) - Read with any BRF compatible refreshable braille display; navigate using the search or find feature.
  • DAISY Text - Read with any DAISY 3.0 compatible refreshable braille display, navigate by page, chapter, section, and more.
  • Embossed Braille - Use Bookshare’s DAISY Text or BRF formats to generate embossed braille.