A framework for financial market development

LDR 02148 am a2200385Ia 4500
001 010571286
003 MiAaHDL
005 20110628000000.0
006 m d
007 cr bn ---auaua
008 090903s2009 dcu 000 0 eng d
035 ⊔ ⊔ ‡asdr-inu8823178
035 ⊔ ⊔ ‡a(OCoLC)435630581
040 ⊔ ⊔ ‡aSIMAS ‡cSIMAS
100 1 ⊔ ‡aChami, Ralph
245 1 2 ‡aA framework for financial market development / ‡cprepared by Ralph Chami, Connel Fullenkamp and Sunil Sharma.
260 ⊔ ⊔ ‡aWashington, D.C. : ‡bInternational Monetary Fund, IMF Institute, ‡c2009.
300 ⊔ ⊔ ‡a58 p. ; ‡c24 cm.
490 0 ⊔ ‡aIMF working paper ; ‡vWP/09/156
500 ⊔ ⊔ ‡a"July 2009."
504 ⊔ ⊔ ‡aIncludes bibliographical references (p. 53-58)
520 ⊔ ⊔ ‡aThe paper proposes a framework for examining the process of financial market development. The framework, consistent with the functional view of financial system design, is anchored in studying the incentives facing the key players in financial markets-borrowers, lenders, liquidity providers, and regulators-whose actions determine whether and how markets develop. While different financial instruments embody different concessions by borrowers and lenders, the framework emphasizes the two main compromises: the tradeoffs between maturity and collateral, and between seniority and control. The framework is used to analyze the sequencing of financial market development.
538 ⊔ ⊔ ‡aMode of access: Internet.
650 ⊔ 0 ‡aForeign exchange market.
650 ⊔ 0 ‡aRisk management.
650 ⊔ 0 ‡aDebts, Public
650 ⊔ 0 ‡aFinancial instruments.
650 ⊔ 0 ‡aCapital market.
700 1 ⊔ ‡aSharma, Sunil.
700 1 ⊔ ‡aFullenkamp, Connel
710 2 ⊔ ‡aInternational Monetary Fund.
710 2 ⊔ ‡aIMF Institute.
CID ⊔ ⊔ ‡a010571286
DAT 0 ⊔ ‡a20110628081807.0 ‡b20110628000000.0
DAT 1 ⊔ ‡a20120814120435.0 ‡b2024-01-28T18:41:40Z
CAT ⊔ ⊔ ‡aSDR-INU ‡dUNKNOWN ‡lloader.pl-001-001
FMT ⊔ ⊔ ‡aBK
HOL ⊔ ⊔ ‡0sdr-inu8823178 ‡ainu ‡bSDR ‡cINU ‡pinu.30000111481945 ‡sINU ‡18823178
974 ⊔ ⊔ ‡bINU ‡cINU ‡d20240128 ‡sgoogle ‡uinu.30000111481945 ‡y2009 ‡ric ‡qbib ‡tUS bib date1 >= 1929