Stock Market Liberalizations and Export Dynamics:
Foreign investors facilitate efficiency-enhancing structural change in the recipient countries. After countries liberalize their stock markets and allow foreign investors to acquire equity stakes in domestic firms, products that do not correspond to the liberalizing countries' comparative advan...
Gespeichert in:
1. Verfasser: | |
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Format: | Elektronisch E-Book |
Sprache: | English |
Veröffentlicht: |
Washington, D.C
The World Bank
2023
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Schlagworte: | |
Online-Zugang: | Volltext |
Zusammenfassung: | Foreign investors facilitate efficiency-enhancing structural change in the recipient countries. After countries liberalize their stock markets and allow foreign investors to acquire equity stakes in domestic firms, products that do not correspond to the liberalizing countries' comparative advantage disappear disproportionately faster from their export portfolios. At the same time, the overall long-term export performance of the liberalizing countries improves. Domestic stock market development does not have the same disciplining effect in terminating inefficient exports. Foreign investors thus play a unique role in improving resource allocation in the real economy |
Beschreibung: | 1 Online-Ressource (47 Seiten) |
DOI: | 10.1596/1813-9450-10307 |
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520 | 3 | |a Foreign investors facilitate efficiency-enhancing structural change in the recipient countries. After countries liberalize their stock markets and allow foreign investors to acquire equity stakes in domestic firms, products that do not correspond to the liberalizing countries' comparative advantage disappear disproportionately faster from their export portfolios. At the same time, the overall long-term export performance of the liberalizing countries improves. Domestic stock market development does not have the same disciplining effect in terminating inefficient exports. Foreign investors thus play a unique role in improving resource allocation in the real economy | |
650 | 4 | |a Disciplining Role of Foreign Investors | |
650 | 4 | |a Export Competitiveness | |
650 | 4 | |a Export Dynamics | |
650 | 4 | |a Export Efficiency | |
650 | 4 | |a Export Performance | |
650 | 4 | |a Financial Liberalization and Structural Change | |
650 | 4 | |a Foreign Investment In Exports | |
650 | 4 | |a International Economics and Trade | |
700 | 1 | |a Kukenova, Madina |e Sonstige |4 oth | |
700 | 1 | |a Strieborny, Martin |e Sonstige |4 oth | |
776 | 0 | 8 | |i Erscheint auch als |n Druck-Ausgabe |a Jaud, Melise |t Stock Market Liberalizations and Export Dynamics |d Washington, D.C. : The World Bank, 2023 |
856 | 4 | 0 | |u https://doi.org/10.1596/1813-9450-10307 |x Verlag |z kostenfrei |3 Volltext |
912 | |a ZDB-1-WBA | ||
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Datensatz im Suchindex
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author | Jaud, Melise |
author_facet | Jaud, Melise |
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author_sort | Jaud, Melise |
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ctrlnum | (ZDB-1-WBA)090345053 (OCoLC)1392140899 (DE-599)KEP090345053 |
discipline | Wirtschaftswissenschaften |
discipline_str_mv | Wirtschaftswissenschaften |
doi_str_mv | 10.1596/1813-9450-10307 |
format | Electronic eBook |
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illustrated | Not Illustrated |
index_date | 2024-07-03T22:27:55Z |
indexdate | 2024-10-12T04:02:46Z |
institution | BVB |
language | English |
oai_aleph_id | oai:aleph.bib-bvb.de:BVB01-034341201 |
oclc_num | 1392140899 |
open_access_boolean | 1 |
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physical | 1 Online-Ressource (47 Seiten) |
psigel | ZDB-1-WBA |
publishDate | 2023 |
publishDateSearch | 2023 |
publishDateSort | 2023 |
publisher | The World Bank |
record_format | marc |
spellingShingle | Jaud, Melise Stock Market Liberalizations and Export Dynamics Disciplining Role of Foreign Investors Export Competitiveness Export Dynamics Export Efficiency Export Performance Financial Liberalization and Structural Change Foreign Investment In Exports International Economics and Trade |
title | Stock Market Liberalizations and Export Dynamics |
title_auth | Stock Market Liberalizations and Export Dynamics |
title_exact_search | Stock Market Liberalizations and Export Dynamics |
title_exact_search_txtP | Stock Market Liberalizations and Export Dynamics |
title_full | Stock Market Liberalizations and Export Dynamics Melise Jaud |
title_fullStr | Stock Market Liberalizations and Export Dynamics Melise Jaud |
title_full_unstemmed | Stock Market Liberalizations and Export Dynamics Melise Jaud |
title_short | Stock Market Liberalizations and Export Dynamics |
title_sort | stock market liberalizations and export dynamics |
topic | Disciplining Role of Foreign Investors Export Competitiveness Export Dynamics Export Efficiency Export Performance Financial Liberalization and Structural Change Foreign Investment In Exports International Economics and Trade |
topic_facet | Disciplining Role of Foreign Investors Export Competitiveness Export Dynamics Export Efficiency Export Performance Financial Liberalization and Structural Change Foreign Investment In Exports International Economics and Trade |
url | https://doi.org/10.1596/1813-9450-10307 |
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