(Download) Global Stock Market Integration: Co-Movement, Crises, and Efficiency in Developed and Emerging Markets
❀ Sabur Mollah, Asma Mobarek ❀
| 2016-02-10 | 2016-02-10 | File Name: B018VXN8CY
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...
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