TY  - BOOK
AU  - Mobarek,Asma
AU  - Mollah,Sabur
ED  - SpringerLink (Online service)
TI  - Global Stock Market Integration: Co-Movement, Crises, and Efficiency in Developed and Emerging Markets 
SN  - 9781137367549
AV  - HD72-88 
U1  - 338.9 23
PY  - 2016///
CY  - New York
PB  - Palgrave Macmillan US, Imprint: Palgrave Macmillan
KW  - Finance
KW  - Investment banking
KW  - Securities
KW  - Capital market
KW  - Financial engineering
KW  - Macroeconomics
KW  - Development economics
KW  - Economics
KW  - Development Economics
KW  - Finance, general
KW  - Investments and Securities
KW  - Macroeconomics/Monetary Economics//Financial Economics
KW  - Financial Engineering
KW  - Capital Markets
KW  - Electronic books
KW  - local
N2  - Stock market integration between developing and emerging markets has numerous benefits for creating a global - yet stable - world economy. It increases competition and the efficiency of local markets, in turn reducing price volatility and the cost of capital among integrated markets. It also generates capital flows, which enhance financial stability and spur economic growth. At its core, stock market integration has an important role to play in both developing and emerging markets still reeling from the global financial crisis. Global Stock Market Integration analyzes the financial makeup of developing and emerging markets around the world, providing empirical insights into market integration, co-movements in price, crises, and efficiency linkages. Mobarek and Mollah argue that the relationship between market integration and market efficiency within developing and emerging countries is not the only measure necessary for effecting real financial growth. This work brings the review of theories and empirical research on the topic up-to-date and expands the existing literature with new perspectives on developed and emerging markets.
UR  - http://ezproxy.alfaisal.edu/login?url=http://dx.doi.org/10.1057/9781137367549
ER  -