Suchergebnisse

Papers presented at the Forecasting Financial Markets in India, held at Kharagpur during 29-31 December 2008

In recent years, the globalization of financial asset markets has become increasingly important and has led to closer linkages among these markets. New global investment instruments such as sovereign credit default swaps, exchange traded funds, and bond markets have been created, enabling investors to fine tune their investment portfolios to their likings. Financial investments have been further expanded to include real asset investments such as real estate investments. It is important for global investors to make proper decisions in assessing these investments in their asset allocations and for policymakers who can provide sound policy guidance to cope with the globalization of the financial markets. This volume contributes to a fresh perspective on the economic and finance research on international financial markets and also the commodity markets. It enables scholars, policymakers, and practitioners to better understand the changes and dynamics of commodity and financial asset trading following the recent global financial crisis. This volume contains a comprehensive analysis of international financial markets through a series of essays from leading researchers in the field.

The author's have provided a clear vision of the French financial sector, which is often underestimated by the international community. The rate of change has been significant, with the size of Paris as a financial centre growing significantly faster than New York, Frankfurt, and even London and Tokyo. The modernisation that has been undertaken, which is responsible for this growth, has affected all aspects of the French financial markets; particularly, the status of the players and the institutional regime, and also the financial instruments and back-office tools. This book is essential reading for anyone dealing with this increasingly important European financial centre.

Even though most Middle-Eastern and North African (MENA) countries have embarked on economic reform and structural adjustment programs, the Asian crisis of 1997 shifted the focus of such programs to financial markets. However, the lack of institutional development is a powerful obstacle to an increased access to MENA capital markets. Additionally, the region witnessed, and still, wars, political turmoil and economic instability. Consequently, MENA countries have not yet emerged as economic powers, which might explain the lack of academic research on MENA capital markets. In fact, it is unclear