Development of Capital Markets and Institutional Investors in Russia

Development of Capital Markets and Institutional Investors in Russia PDF

Author:

Publisher: World Bank Publications

Published: 2006-01-01

Total Pages: 156

ISBN-13: 0821367951

DOWNLOAD EBOOK →

Annotation. This study reviews the recent developments in capital markets and institutional investors in Russia, and examines the policy challenges ahead for the development of the sector. The analysis covers key impediments for further development and policy challenges for securities markets, in particular legal and regulatory framework, market infrastructure, government bonds, sub-sovereign bonds, corporate bonds, and equities. The analysis also covers key impediments for furhter development and policy challenges for mutual funds, pension funds, and insurance companies.

Restructuring, Stabilizing and Modernizing the New Russia

Restructuring, Stabilizing and Modernizing the New Russia PDF

Author: Paul J.J. Welfens

Publisher: Springer Science & Business Media

Published: 2012-12-06

Total Pages: 508

ISBN-13: 364257257X

DOWNLOAD EBOOK →

Russia has embarked upon a difficult process of systemic transformation and economic opening up. While the initial strong GDP decline seemed to have ended in 1997, the real development was facing even more difficult problems as output declined sharply after the Ruble and banking crisis of August 1998: inflation started to increase again, exports and imports were falling, capital flight increasing and unemployment rising. There is broad disappointment in Russia regarding the transformation failure in 1998 since so many people had hoped that the end of the Soviet command economy would bring democracy, prosperity and international integration. While Poland has been able to double per capita income in the 1990s it has fallen by 50% in Russia and this despite considerable IMF involvement and some (modest) support from other international organizations. What were the reasons for transformation failure in the 1990s? What are the ingredients for long term sustainable transformation? What are the internal and international requirements to avoid a second - possibly tragic - failure of transformation in Russia? An international group of researchers has focussed on these problems during a two-year research project financed by the Alfried Krupp von Bohlen und Halbach Foundation. A series of papers were presented at workshops in Potsdam, Bonn and Moscow in 1999 where this book is devoted to four important issues: the Russian transformation crisis, the topic of restructuring, the need for stabilizing Russia and the requirements for modernizing Russia.

Capital and Crypto Markets: Institutional Investor Behavior and Strategies

Capital and Crypto Markets: Institutional Investor Behavior and Strategies PDF

Author: Alexey Mikhaylov

Publisher: Litres

Published: 2022-01-29

Total Pages: 405

ISBN-13: 5042191453

DOWNLOAD EBOOK →

The relevance of research. Today, Russia belongs to countries with emerging markets. Currently, the capital market of Russia does not fulfill its main function – attracting investors’ money to finance long-term projects. Forced development of the financial market can help attract domestic long-term investments in the context of sectoral sanctions from developed countries...

Legal and Institutional Obstacles to Growth and Business in Russia

Legal and Institutional Obstacles to Growth and Business in Russia PDF

Author: Ms.Elaine Karen Buckberg

Publisher: International Monetary Fund

Published: 1997-11-01

Total Pages: 10

ISBN-13: 1451970811

DOWNLOAD EBOOK →

Although financial stabilization has laid the foundation for growth, structural reform of the economy will determine whether Russia achieves sustained medium-term growth. The next step for Russia is to create an institutional and regulatory environment that fosters investment and promotes new private sector activity. This paper examines the most critical reforms for promoting private sector development: reforming the tax system, reducing red tape and bureaucratic corruption, strengthening the judicial system, and improving capital market infrastructure.

Unleashing Russia's Business Potential

Unleashing Russia's Business Potential PDF

Author: Harry G. Broadman

Publisher: World Bank Publications

Published: 2002-01-01

Total Pages: 120

ISBN-13: 9780821351383

DOWNLOAD EBOOK →

Russia needs to continue to assess and improve its business environment in order to ensure continuing investment and sustained growth. Currently many of the new businesses are being established in the larger urban areas but similar new businesses need to develop at the regional level. This book, based on in-depth case studies of more than 70 companies across 13 regions in Russia, examines four areas key to institutional development, and formulates policy recommendations. Topics include: the determinants of inter-enterprise competition and market structure at the local level; the regulatory regime governing the price, supply and access to local infrastructure services; access to corporate finance in regional markets; and the legal system for resolution of commercial disputes.

Creating Capital Markets in Central and Eastern Europe

Creating Capital Markets in Central and Eastern Europe PDF

Author: Gerhard Pohl

Publisher: World Bank Publications

Published: 1995-01-01

Total Pages: 46

ISBN-13: 9780821333709

DOWNLOAD EBOOK →

Addresses the challenge Hungary faces in overcoming threatening deficits in its current and fiscal accounts without hampering economic growth. The Hungarian economy is emerging from a severe four-year recession with positive developments on numerous economic fronts, but with major weaknesses remaining because of large current and fiscal account deficits. This book addresses the challenge Hungary faces in overcoming these deficits without hampering economic growth. The report examines the country's macroeconomic performance in the first half of the 1990s and the stabilization package launched in March 1995. It explores the structure of fiscal revenues, pension reform, and enterprise and banking reforms. The study also looks at the impact of structural reforms on future economic growth and at Hungary's bid to integrate with the European Union.

The analysis of the stock exchange market in Russia

The analysis of the stock exchange market in Russia PDF

Author: Svetlana Shirobakina

Publisher: GRIN Verlag

Published: 2006-07-18

Total Pages: 31

ISBN-13: 3638521877

DOWNLOAD EBOOK →

Seminar paper from the year 2006 in the subject Business economics - Investment and Finance, grade: 1,3, Anhalt University of Applied Sciences Köthen, course: International Banking ans Finance, language: English, abstract: The stock exchange market is one of the key mechanisms for attracting monetary ressources for investment, economy modernisation and stimulation of the production growth in a country. At the same time the world stock exchange markets can be a source of financial instability and even of macroeconomic and social shocks. Esspecialy volatible to economic shocks are the stock exchanges of transitional economies, such as Russia, which was characterised as a one of the most risky countries in early 90 ies. The transition of Russia from a plan to a market economy has caused increasing interest to stock exchanges as an important component of the stock market. Russian economists came to conclusion that stock exchange market is the nervous terminations of economy and of all spheres of the life of society. These nervous terminations react to the depth of the processes occuring in an organism, much earlier, than the organism itself. Therefore the stock exchange market is the lead indicator of what will occur in economy. But imperfection of the Russian legislation, absence of culture of corporate management, lacks in system of disclosing information and legal base demanding completion are the basic features of the exchange stock market in Russia. The purpose of my assigment, therefore, is to analyse the current competitive position of Russia on the world stock market, to reveal problems of modern Russian stock exchanges and to find out the reasons of their occurrence. The efficiency of the stock exchange in Russia will be assessed according to the models applied in the financial literature. In order to reach this target first we have to look at the theoretical aspects of the core essence and main functions of stock exchanges.

Economic Opening Up and Growth in Russia

Economic Opening Up and Growth in Russia PDF

Author: Evgeny Gavrilenkov

Publisher: Springer Science & Business Media

Published: 2013-03-19

Total Pages: 298

ISBN-13: 3540247297

DOWNLOAD EBOOK →

After a decade of sharp economic decline, Russia switched to an impressive period of economic growth. Yet the economic record is still mixed, and many key problems remain unresolved, both in the economic sphere and the political system. The focus is on economic dynamics in Russia, reasons for its hesitant opening up process as well as the special role of the natural resources sector which is expected to continue to grow. This analysis highlights the existing deficiencies of the Russian economic system and raises doubts about the sustainability of growth. Twin focus is on required reforms and endogenous forces that impair liberalizing trade and investment in an orderly way. Russian discussions on WTO and other international topics are reflected.

Lanterna Rally - Theme by Grace Themes